High US tariffs will hurt Brazil’s leather sector

15/07/2025

Figures for the first half of 2025 suggest that the punitive 50% tariff rates that the US has threatened to impose on Brazil would have a major effect on the South American country’s leather industry.

National leather industry body CICB has shared figures for the first six months of 2025 that put the value of Brazil’s exports of hides and skins at $572.4 million, a decline of 11.8% compared to the same period in 2024.