USA weighs in some Portuguese imports, which have to prepare for the war advertised this Wednesday. There are three specially affected agricultural products in Portugal, but hostage products are not just food.
More than 1500 products from the United States are preparing to be affected by Wednesday’s decision of the European Union to apply 25% rates In response to the trade war raised by US President Donald Trump-which in the meantime.
US import rates begin to take effect next Tuesday, the 15th, the European Commission announced, and by this time the products that will suffer most in the European space. But and in Portugal, what will be the most affected products anyway?
A militaryo corn and the peanuts represent the most considerable part of Portuguese imports in the US.
Em 2024, 35% of the soy that arrived in Portugal came from the USA -There were 171 million euros imported in American soy, according to data from. It is widely used, of course, in food and the production of animal feed. Although it is only expected for the third tariff phase, which should be effective on December 1, soy taxation should greatly increase production prices.
Beyond soy, 17% of Portuguese corn is imported from Americans – This market represented 70 million euros in imports in the last year; and the American almonds corresponded to almost 4 million euros out of a total of 21.8 million eurosNote A: The US has a weight of 18.3% in imports.
But as it has been anticipated for the EU in general, it is not just agricultural products that are hostage to new tariffs.
Industrial and consumer products such as make -up, steel, aluminum, white chocolate, meat and plastics (namely polyethylene) will be affected in Portugal.
The first rates come into force on 15 April and include beauty products, which will have a more limited impact on the Portuguese case – Only 0.2% of national imports in the sector came from the US, in a value of about 700 thousand euros. But the same one cannot say about metals: Portugal imported almost 13.5 million euros in aluminum and 11 million in steel and cast iron last year.
Portugal also imported millions in Machines and Electrical Appliances e Optical, cinema or cinematography instruments and devices – 125 million and more than 56 million, with a US weight of 1.2% and 2.3%, respectively.
But the most weight -affected products from the US in Portuguese imports are the Tables, paintings and drawings: 38.5% came from the US, although they only represent just over 8.5 million euros.
The second rate of tariffs will be implemented on May 16 and the third on December 1, as already mentioned. In total, it is estimated that the economic impact of these measures 22.1 billion euros For the United States, the European Commission said.
