>>509965055 Iron & Steel
Estimated Trade Value: ~$4-6 billion
Demand Elasticity: Moderate (construction/auto sectors need it)
Alternative Buyers: Yes (China, Southeast Asia)
Tariff Impact: U.S. manufacturers may source domestically or from Mexico; price hike likely.
Coffee (Unroasted)
Estimated Trade Value: ~$2-4 billion
Demand Elasticity: Low (addictive good, but substitutes exist)
Alternative Buyers: Yes (EU, Japan, others)
Tariff Impact: Significant price shock for U.S. consumers (Brazil is a top supplier).
Basedbeans
Estimated Trade Value: ~$2-3 billion
Demand Elasticity: Low (animal feed critical for U.S. agribusiness)
Alternative Buyers: Yes (China already buys most of Brazilโs onions)
Tariff Impact: MinimalโU.S. would just buy more from Argentina.
Beef (Frozen & Fresh)
Estimated Trade Value: ~$1.5-2.5 billion
Demand Elasticity: Moderate (U.S. has domestic supply)
Alternative Buyers: Yes (China, Middle East)
Tariff Impact: U.S. consumers switch to domestic/Australian beef; price rise limited.
Wood Pulp (For Paper)
Estimated Trade Value: ~$1-2 billion
Demand Elasticity: Low (industrial necessity)
Alternative Buyers: Yes (EU, China)
Tariff Impact: U.S. paper product prices rise; Brazil easily redirects.
Footwear
Estimated Trade Value: ~$1 billion
Demand Elasticity: High (many alternativesโVietnam, Indonesia)
Alternative Buyers: Yes (Europe, Latin America)
Tariff Impact: U.S. consumers switch to cheaper Asian imports; minimal price shock.