In an interview with journalists in Japan, the petista said he believed that Donald Trump’s policy will be harmful to Americans
The President of the Republic, (PT), promised on Wednesday (26.Mar.Mar.2025) to overlax products from the United States if an appeal in the WTO (World Trade Organization) does not solve the issue of additional fees charged by Donald Trump (Republican) to Brazilian steel and aluminum.
“From Brazil, he [Trump] He taxed Brazilian steel at 25%. We have two decisions to make. One is to resort to the World Trade Organization, which we will turn to, and the other is that we will overcharge the American products we import. It is putting into practice the law of reciprocity. We can’t be quiet thinking that only they are right and that only they can tax the products ”declared the petista in an interview with journalists in Japan.
Watch the full interview (41min9s):
According to the petista, the US President’s policy of taxing products imported from other countries will be harmful to the US by pressuring prices and resulting in greater inflation.
“If he is thinking that making this decision to tax everything that the United States matters, I think it will be harmful to the United States. This will lead to an increase in the price of things and can lead to inflation that he is not yet realizing.”said Lula.
The president said he was very concerned about Trump’s decisions because they affect free trade and multilateralism. For him, decisions should be talked to other countries before and that the American is not the “sheriff” from the world.
“I find this tax very bad because instead of facilitating trade in the world, we are making trade in the world difficult. This protectionism doesn’t help any country in the world. Let’s see the consequences of it. I think it will be bad for the United States.declared the petista.
Car rates
Trump signed on Wednesday (26.mar) a decree that applies 25% tariffs to all imported cars. According to the White House, the measure, which will be valid on April 2, should result “In more than $ 100 billion” in collection to the US government.
“If you build your car in the US, you will not have tariffs. […] We have many animating things, but for me this [implementação de tarifas] It’s the most amazing of all. This is the true day of liberation in America ”said the Republican.
In a statement at the White House, Trump also stated that the tariffs seek “Charging from countries” by the business that harm the US, which would be responsible for taking the “job” and “wealth” of the Americans.
Understand
The decree of this 4th (26.mar) expands the measure already planned by Trump about cars. The government intended to apply cars from Mexico and Canada.
The US president said the country will start with a basic rate of 2.5% up to 25%. The White House did not say whether the measure is valid for automotive parts or just for the assembled vehicles.
