Government of Brazil will seek, in consultation with the private sector, to defend the interests of national producers with the US government
The Brazilian government lamented, on Wednesday (2), the decision taken by the government of to impose additional rates of 10% on all Brazilian exports. “The new measure, such as the other tariffs already imposed on the steel, aluminum and cars, violates US commitments to the World Trade Organization and will impact all Brazilian goods for the US,” says the Foreign Ministry note. In defense of Brazilian workers and companies “the Government of Brazil will seek, in consultation with the private sector, to defend the interests of national producers with the United States government,” he adds. According to US government data, the US commercial surplus with Brazil in 2024 was around US $ 7 billion, only in goods. Added to goods and services, the surplus reached $ 28.6 billion last year. It is the third largest commercial surplus in that country in the world.
Since the US records recurring and significant commercial surpluses in goods and services with Brazil over the last 15 years, totaling US $ 410 billion, the unilateral imposition of additional 10% linear fare on Brazil with the allegation of the need to restore balance and “commercial reciprocity” does not reflect reality. While remaining open to the deepening of the dialogue established over the past few weeks with the US government to reverse the announced measures and counteract their harmful effects as soon as possible, the Brazilian government evaluates all possibilities of action to ensure reciprocity in bilateral trade, including resorting to the World Trade Organization, in defense of legitimate national interests.
