The dollar rose 0.41% on Thursday, to R$ 5.10.

THE dollar The commercial exchange rate closed this Thursday (16) with a slight increase of 0.41%, quoted at R$ 5.0970, but with a partial loss of 0.18% for the week. At its highest point, the exchange rate rose to R$ 5.1130; at its lowest point of the day, the exchange rate fell to R$ 5.0840. In this trading session, market participants mainly reacted to decision of the Office of the White House Trade Representative (USTR) to apply 25% tariffs on products from Brazil, through Section 301 of the United States Commerce ActThe tariff hike, which comes into effect in July 22This will affect products in the following segments: industrial machinery, tires, sugar, ethanol, tobacco, wood, footwear and aluminum productsEarlier, President Lula had even declared the possibility of retaliating against the tariffs, applying the Law of Reciprocity to American products. This afternoon, at a press conference, the Minister of Foreign Affairs, Mauro Vieira He said the new tariffs are unjustified and criticized the positions of… US Secretary of State Marco Rubioduring negotiations. But, despite the long list of shipments affected by the surcharge, among the 50 most exported Brazilian products to the US in 2025, products such as crude oil, coffee beans, aircraft, beef, cellulose, orange juice, pig iron and ferro-niobium They will be exempt from the new charge. energy fielddespite the conflicts in Middle Eastthe crude oil The market closed the day down, operating with strong volatility. However, the market projects a new rise due to logistical difficulties in the Strait of Hormuz and the end of the ceasefire between the United States and Iran. In the economic field, investors followed the release of data from… retail sales in the United States, which grew 0.2% in June compared to the previous month, to US$768.8 billion, compared to a 1.0% increase in April (revised from 0.9%), according to information provided by Department of Commerce (DOC) of the country. The result was in line with market expectations. The numbers for the new [projects/projects] were also on the radar. unemployment benefit claims in the week ending July 11. According to United States Department of Labor (DOL)The country registered 208,000 applications. This result came in below the 216,000 applications expected by the market, and represents a decrease of 2,000 applications compared to the previous week (revised figure from 215,000 to 216,000). In the domestic market, the Brazilian Institute of Geography and Statistics (IBGE) It was reported today that the volume of retail sales registered a monthly increase of 0.1% in May, in the seasonally adjusted series, compared to a decrease of 1.6% in April (revised figure from 1.5%). The market expectation was for a larger increase of 0.5%.

This text was translated by machine from Brazilian Portuguese.