01:34 PM EDT, 07/15/2025 (MT Newswires) -- Embraer ( ERJ ) sees a potential impact of 20 billion reais ($3.58 billion) by 2030 if the US implements higher tariffs, Bloomberg reported Tuesday, citing Chief Executive Francisco Gomes Neto.

The CEO said in a conference call that higher tariffs would impact Embraer's ( ERJ ) cash position and hiring. A 50% US tariff would result in a $9 million rise in the cost per airplane, he said, according to the report.

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