Dodging Trump's Tariffs, Brazil's Embraer Lands Record Orders

Brazilian aircraft manufacturer Embraer on Tuesday reported a record order backlog in the third quarter of $31.3 billion after dodging the worst of US tariffs.

The world's third-largest aircraft manufacturer hailed an "unprecedented high" in orders led by the commercial aviation sector with a backlog of 490 aircraft.

US President Donald Trump in August imposed a further 40 percent tariff on Brazilian goods, but exempted aircraft.