Hugo compares US tariffs to 9/11: “It takes us to well retrograde periods“

by Andrea
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The mayor, Hugo Motta (Republicans-PB), said that the import tariffs imposed by the United States on products from Brazil represent a milestone for parameter change and behavior between countries, as well as twin towers attacks on September 11, 2001.

“We are having a change in behavior for what leads us to very backward periods, the return of bilateralism, mercantilism,” he said in a lecture at the São Paulo Commercial Association on Monday (7).

Hugo stated that it is necessary to analyze the world scenario from April 2, and that he is not sure if the situation brings opportunities to emerging countries.

“If 11 September was a milestone for the world with attack on the twin towers, changing world political conformation, we have April 2, 2025 as a parameter change and behavior to countries,” he added.

The deputy also stated that “Brazil more than ever need to hit his hand,” referring to external trade relations.

Last Wednesday (2), the economic.

The project determines criteria for reciprocity in case of commercial barriers to Brazilian products. The intention of the text is to circumvent possible surcharge from other countries, especially for agribusiness products.

The text is a Brazilian reaction to the government of Donald Trump, which announced, on Wednesday, a.

The Republican presented a table with the rates that will be applied to US business partners. According to Trump, the 10% level is a base, and higher rates will be applied to specific nations.

In March, the White House had already imposed a 25% rate on all aluminum and steel imports.

The commercial relationship between the US and Brazil is deficient to the South American country. This means that Brazil buys more than it exports. According to the federal government, Brazilian exports to the United States totaled US $ 40.3 billion in 2024, while imports were higher, valued at US $ 40.6 billion.

With this, the United States has a commercial surplus of $ 283 million.

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