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Deere & Co. Brazil sales could fall amid global trade tensions, exec says
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Deere & Co. Brazil sales could fall amid global trade tensions, exec says
Sep 11, 2025 10:24 AM

SAO PAULO, Sept 11 (Reuters) - Leading global

agricultural machinery manufacturer Deer & Co.'s sales in

Brazil could fall by one digit in 2026 amid global uncertainties

related to U.S. President Donald Trump's tariffs and high

interest rates in the South American country, an executive said

on Thursday.

"Today, a positive scenario would be (like) 2025, but (sales

are) likely to decline," Antonio Carrere, vice president of

sales and marketing at the company's Brazil unit, told Reuters

on the sidelines of an industry event, adding that a mid-single

digit decline was a possibility.

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