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Brazil exporters get refunds after tariff hike reversal
Valor Econômico·BR·about 5 hours ago
Brazilian companies with US operations are recognizing refunds of tariffs ruled illegal by the US Supreme Court in February, boosting Q2 results. Embraer booked R$358.6M and Taurus R$91.1M in recoveries, with WEG expected to benefit next. The ruling reverses prior tariff policy, creating a one-time cash inflow for affected firms.
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