Many Brazilian lumber mills halt production, sending employees on leave
The Brazilian timber industry is facing a severe crisis following the imposition of new U.S. tariffs on Brazilian products. Since the additional tariffs were announced on July 9, timber companies across the country have been forced to suspend production, cancel contracts, and place employees on collective leave, leaving warehouses filled with products originally intended for export to the United States. The Brazilian government has introduced a package of measures aimed at supporting affected exporters, but the Brazilian Association of Machined Wood Industries (Abimci) warned that such aid provides only temporary relief and does not offer a fundamental solution ...
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