Embraer is About to Make an Important Announcement Regarding the U.S. Market — Stock on the Verge of Breaking out of Base!

Embraer is a Brazilian aircraft manufacturer that is increasingly competing with Boeing and Airbus. Recently, there has been troubles due to tariff threats. About 45% of its sales in commercial aviation are attributed to U.S. airlines. At the end of July, it was reported that Embraer would only face a 10% tariff on civil aviation products and would be spared from the effective 50% tariff on Brazil that was introduced at the end of July. Management stated in early August that the 10% tariffs had already been included in Embraer's annual forecast...