Modifying the Scope of Tariffs on the Government of Brazil
Executive orderTariff cut or exemptionSigned 25/11/20Federal Register 25/11/26Executive Order 14361Open the original
Summary
President Trump modifies the scope of the additional 40% tariff on Brazil. Certain agricultural products are exempt from the additional duty, and the change applies to goods entered on or after 12:01 a.m. eastern standard time on November 13, 2025.
By industry
- Tariffs & Reshoring1 trading day+0.3%p15 stocks5 trading days+4.6%p15 stocks20 trading days+13.1%p15 stocks
“certain agricultural products shall not be subject to the additional ad valorem rate of duty”
Day by day after the announcement
| Day | Tariffs & Reshoring stocks | S&P 500 |
|---|---|---|
| 25/11/19 | 0.0% | 0.0% |
| 25/11/20 | −1.8% | −2.1% |
| 25/11/21 | +0.8% | −1.0% |
| 25/11/24 | +2.5% | +0.5% |
| 25/11/25 | +5.3% | +1.3% |
| 25/11/26 | +6.6% | +2.0% |
| 25/11/28 | +6.8% | +2.5% |
| 25/12/01 | +6.9% | +2.0% |
| 25/12/02 | +6.8% | +2.3% |
| 25/12/03 | +10.5% | +2.6% |
| 25/12/04 | +9.8% | +2.7% |
| 25/12/05 | +8.9% | +2.9% |
| 25/12/08 | +8.3% | +2.7% |
| 25/12/09 | +8.2% | +2.5% |
| 25/12/10 | +11.2% | +3.1% |
| 25/12/11 | +14.8% | +3.5% |
| 25/12/12 | +13.2% | +2.3% |
| 25/12/15 | +12.6% | +2.2% |
| 25/12/16 | +13.2% | +1.8% |
| 25/12/17 | +13.6% | +0.9% |
| 25/12/18 | +14.6% | +1.4% |
Korean stocks in these industries
- Hyundai Steel 004020
- POSCO Holdings 005490
- SeAH Steel Holdings 003030
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- Glencore International
SellCentury Aluminum
SellCentury Aluminum
CENX
$272.3M
9,000,000 sh
$272.3M
Filed 25/11/13
Traded 25/11/10
- Glencore
SellCentury Aluminum
SellCentury Aluminum
CENX
$272.3M
9,000,000 sh
$272.3M
Filed 25/11/13
Traded 25/11/10
- Glencore
SellCentury Aluminum
SellCentury Aluminum
CENX
$272.3M
9,000,000 sh
$272.3M
Filed 25/11/13
Traded 25/11/10
- Phillip Michael Hardesty
BuySunCoke Energy
BuySunCoke Energy
SXC
$60.9K
9,168 sh
$60.9K
Filed 25/11/12
Traded 25/11/07
- Ralph M. Della Ratta Jr.
BuySunCoke Energy
BuySunCoke Energy
SXC
$50K
7,288 sh
$50K
Filed 25/11/07
Traded 25/11/06
- Phillip Michael Hardesty
BuySunCoke Energy
BuySunCoke Energy
SXC
$13.5K
2,032 sh
$13.5K
Filed 25/11/12
Traded 25/11/07
- Phillip Michael Hardesty
BuySunCoke Energy
BuySunCoke Energy
SXC
$5,304
800 sh
$5,304
Filed 25/11/12
Traded 25/11/07
- Karla R. Lewis
SellReliance
SellReliance
RS
$1.1M
3,775 sh
$1.1M
Filed 25/12/02
Traded 25/12/01
- Leon J. Topalian
SellNucor
SellNucor
NUE
$790K
5,000 sh
$790K
Filed 25/12/23
Traded 25/12/19
- Karla R. Lewis
SellReliance
SellReliance
RS
$577.4K
2,034 sh
$577.4K
Filed 25/12/02
Traded 25/12/01
- Robert S. Wetherbee
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$5.2M
47,355 sh
$5.2M
Filed 25/12/19
Traded 25/12/18
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$3.6M
11,894 sh
$3.6M
Filed 25/12/11
Traded 25/12/10
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$2.9M
9,473 sh
$2.9M
Filed 25/12/11
Traded 25/12/10
- Robert S. Wetherbee
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$2.7M
26,998 sh
$2.7M
Filed 25/11/20
Traded 25/11/18
- Robert S. Wetherbee
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$2.4M
24,711 sh
$2.4M
Filed 25/11/20
Traded 25/11/18
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$2.2M
7,326 sh
$2.2M
Filed 25/12/11
Traded 25/12/09
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$2M
6,741 sh
$2M
Filed 25/12/11
Traded 25/12/09
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$1.9M
6,108 sh
$1.9M
Filed 25/12/11
Traded 25/12/10
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$1.7M
5,681 sh
$1.7M
Filed 25/12/11
Traded 25/12/10
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$1.7M
5,545 sh
$1.7M
Filed 25/12/11
Traded 25/12/10
