# Trump’s tariff threats fuel currency instability, market pressure

> Donald Trump threatened tariffs on BRICS nations if they moved to replace the US dollar in trade, adding pressure on the Brazilian real. The real closed at R$6.06 per dollar after touching a record high of R$6.09, and the dollar index rose 0.60%.

- Date: 2024-12-03 · published 2024-12-03T12:00:00.000Z
- Category: trade · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/12459-trump-s-tariff-threats-fuel-currency-instability-market-pressure
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Tariff threats and a stronger dollar raise the local cost of imported inputs for Brazil and weigh on Brazilian export competitiveness, supporting a firmer dollar against the real.

## Read by commodity

- DXY: bullish ▲
- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2019-12-02 | [Brazil's real falls to 4.25 per dollar after Trump says he will restore tariffs on Brazil steel imports](https://feedsoft.ai/events/55773-brazil-s-real-falls-to-4-25-per-dollar-after-trump-says-he-will-restore-tariffs.md) | -1.2% | -5.0% |
| USDBRL | 2025-07-25 | [Latam currencies decline as US tariff deadline looms — TradingView News](https://feedsoft.ai/events/24000-latam-currencies-decline-as-us-tariff-deadline-looms-tradingview-news.md) | +1.2% | -0.6% |
| USDBRL | 2025-07-09 | [Trump imposes 50% tariffs on Brazil after spat with Lula](https://feedsoft.ai/events/23999-trump-imposes-50-tariffs-on-brazil-after-spat-with-lula.md) | +1.9% | +0.8% |
| USDBRL | 2025-07-17 | [U.S. tariff dispute weighs on Brazil’s real and interest rates](https://feedsoft.ai/events/24002-u-s-tariff-dispute-weighs-on-brazil-s-real-and-interest-rates.md) | -0.3% | -2.9% |
| USDBRL | 2019-08-26 | [USA vs China: Latin American currencies suffer with the trade war - LatinAmerican Post](https://feedsoft.ai/events/57817-usa-vs-china-latin-american-currencies-suffer-with-the-trade-war-latinamerican.md) | +0.3% | +1.6% |
| DXY | 2024-11-26 | [Markets react to Trump's tariff promise](https://feedsoft.ai/events/27653-markets-react-to-trump-s-tariff-promise.md) | -0.0% | +1.1% |
| DXY | 2024-11-26 | [USD/CAD Spikes After Trump's Tariff Threats; Could Volatility Open Opportunities? \| Investing.com](https://feedsoft.ai/events/27657-usd-cad-spikes-after-trump-s-tariff-threats-could-volatility-open-opportunities.md) | -0.0% | +1.1% |
| DXY | 2024-11-26 | [Trump tariff vow hits Mexican and Canadian currencies, yen firm \| Reuters](https://feedsoft.ai/events/27632-trump-tariff-vow-hits-mexican-and-canadian-currencies-yen-firm-reuters.md) | -0.0% | +1.1% |

## Sources

- valorinternational.globo.com: https://valorinternational.globo.com/markets/news/2024/12/03/trumps-tariff-threats-fuel-currency-instability-market-pressure.ghtml

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.