Embraer SA’s stock sunk to a session low after Chief Executive Officer Francisco Gomes Neto said the aircraft manufacturer could revise its business plan if Donald Trump’s tariffs are implemented.

By bnl editorial staff Brazilian aircraft manufacturer Embraer faces a devastating blow to its business as US tariffs threaten to add $9mn to the cost of each plane, the company's chief executive has warned.

Brazilian aerospace manufacturer Embraer was one of the most exposed companies to the 50% tariffs announced by US President Donald Trump. Given that more than 60% of its sales come from the US market,

Critics say the tariff on Brazil could further erode the Trump administration's credibility as it pursues an aggressive trade agenda.