# Brazil: Strike weakens, but fiscal worries deepen | articles | ING THINK

> Brazil's truckers' strike, now more than a week old, is winding down as police presence reduces roadblocks, though domestic trade will take time to normalize. Losses are mounting across sectors, notably perishables and livestock. ING expects the inflation and activity hit to be short-lived but says the fiscal impact will last.

- Date: 2018-05-30 · published 2018-05-30T12:00:00.000Z
- Category: logistics · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/65227-brazil-strike-weakens-but-fiscal-worries-deepen-articles-ing-think
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Roadblocks disrupt feed and livestock logistics in Brazil, adding short-term cost pressure on local feed and meat supply. The lasting fiscal strain adds risk to the real and local assets, which can feed into import costs for feed buyers.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2018-05-29 | [Factbox: Brazil trucker strike impacts on petroleum, petrochemical, steel and ags](https://feedsoft.ai/events/65190-factbox-brazil-trucker-strike-impacts-on-petroleum-petrochemical-steel-and-ags.md) | +2.4% | +3.3% |

## Sources

- think.ing.com: https://think.ing.com/articles/brazil-strike-weakens-but-fiscal-worries-deepen/

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