Speech was in response to the questioning of Brazil’s position regarding US tariffs on steel imports
The Minister of SRI (Secretariat of Institutional Relations), Alexandre Padilha, said on Tuesday (11.FEV.2025) that Brazil will not enter any trade war and that the president (PT) reinforces free trade.
“Brazil does not encourage and will not enter any trade war. Always favorable to strengthen themselves, more and more free trade ”I told journalists.
The statement was in response to a questioning of the country’s position regarding the imposition of 25% tariffs on steel and aluminum imports Made by US President Donald Trump (Republican Party).
The measure, on Monday (10.FEV), should affect the Brazilian economy, as Americans are the main buyers of iron, steel and aluminum in Brazil. Trump also said increasing “Automatically the rates” If the countries affected by the imposition want to retaliate.
“What President Lula has said about it very clearly, and other countries, too, trade war is not good for anyone. One of the important advances of recent years was exactly an instrument of dialogue between countries and the reinforcement of free trade ”said the minister.
Brazil exported US $ 6.37 billion in iron, steel and aluminum products in 2024, and US $ 6.10 billion were iron and steel and US $ 267 million were aluminum. The survey was done by Poder360 Based on, which has official trade balance data released by MDIC (Ministry of Development, Industry, Commerce and Services).
