Minister highlighted the relevance of maintaining an open dialogue with the United States, as well as seeking to expand Brazil’s trade relations with different economic blocks
The Minister of Finance, made positive comments about the president’s cautious approach in relation to the protectionist tariffs imposed by the government . “What the president is recommending is very prudence, the diplomatic channels are open, conversations with the US are happening,” Haddad said. “Since things change every 24 hours, there is no clear guideline, and people are very insecure with what is happening to the US government. So it is not possible to make a careful assessment, anything I say here can be denied tomorrow to depend on the developments,” said Minitro in reporting that it is premature to do a detailed analysis of the economic effects that these tariffs can cause to Brazil. He emphasized that the economic team is aware of changes and that the government is adopting a surveillance stance. Haddad also mentioned that Lula has encouraged the team to maintain a prudent posture, avoiding hasty reactions.
The minister highlighted the relevance of maintaining an open dialogue with the United States, and seeking to expand Brazil’s trade relations with different economic blocks. This strategy aims to ensure that the country remains competitive on the international scenario. “Our channels are open and we always make it clear to the US government that, by its dimension, Brazil cannot give in as an attachment of one of the three blocks. We have increasing trade with the three economic blocks. So we will always invest in multilateralism in politics and economics,” Haddad said.
Posted by Sarah Paula
*Report produced with the aid of AI
