Last Wednesday the taxes that Donald Trump applied to numerous Brazilian products, although strategic goods such as orange juice, civil aircraft, fertilizers and precious metals were excluded. According to the Brazilian government, these rates affect 36% of exports to the United States, equivalent to U $ S14.5 billion In 2024.
“Tomorrow I will sign a provisional measure that creates a credit line of 30,000 million reais For Brazilian companies that may suffer damages with Trump’s tariffs, “Lula said in an interview with a local radio. He added that the aid will focus on small businesses, because” the greats have more resistance power. “” No one is homeless before President Trump’s taxes. We will guarantee the survival of Brazilian companies, ”he said.
The official plan also contemplates prioritizing national products and components in the purchases of the State and stimulating strategies to open alternative markets. In parallel, Lula said Brazil studies reciprocity measures against the United States.
The White House justified tariffs for non -commercial reasons. Trump argues that Brazil drives a “witch hunt” against the former president Jair Bolsonarojudged for an alleged intentone coup in 2022, and qualifies Brazilian politics as an “unusual and extraordinary threat” for her country.
The Minister of Finance, Fernando Haddadrevealed that a virtual meeting with the Treasury Secretary, Scott Besentto treat tariffs, it was canceled. Attributed the decision to “the antidiplomatic militancy” of “forces of the extreme right that act next to the White House”, in reference to the campaign that leads Eduardo Bolsonaroson of Trump’s former president and ally.
Brazil presented a Complaint before the World Trade Organization (WTO) To challenge the measures. Despite the tension, Lula said that “prepared to negotiate with the United States.”
Amid the US pressures, Lula da Silva and Xi Jinping agreed to deepen their bilateral relations
He President of Brazil, Luiz Inacio Lula da Silvahe spoke with his Chinese counterpart, Xi Jinpingwithin the framework of the tariff pressures that the United States imposed on the Brazilian government and the negotiations with China.
According to the press release, during the call, which lasted about an hour, both promised to expand The “Bilateral Strategic Association” between the two countrieswith a greater investment in cooperation in the sectors of health, oil and gas, digital economy and satellites.
Both presidents expressed their willingness to “Continue identifying new business opportunities between both economies”the statement added.
Lula emphasized the importance of China for the success of Cop30which will be held from November 11 to 21 in the Brazilian city of Belém, and for the global struggle against climate change. XI confirmed his presence at the summit with a high -level delegation.
The call too approached peace efforts between Russia and Ukraine. Both leaders agreed that The G-20 and the BRICS play an essential role to achieve a balanced solution for both parties.
Source: Ambito
