Finance Minister argues that the free trade agreement with the European Union must be “accelerated” in the face of Trump’s tariff
The Minister of Finance, said on Friday (11.br.2025) that Brazil will defend Brazil jobs and industries at a negotiating table with the United States. According to him, President Donald Trump (Republican) “did not resist the pressures” to the .
“The United States has spent the last 4 decades defending free trade, suddenly changes 180 degrees and begins to defend protectionism, especially to protect what he thinks is better for the local economy. It doesn’t make much sense.”he declared. He gave an interview to BandNews FM Radio. Haddad said Trump began a “cycle that has not ended”Because every day there is news.
“It has not stabilized the scenario yet“, These.”It was clear that China is Trump’s priority target. The world has not escaped being targeted either, but I think the trade conflict between China and the United States is the theme that was central, because it has not resisted the pressures of allies and American entrepreneurs themselves”He said.
The minister stated that companies have investment and purchasing planning. For Haddad, the ad was “severe” e “radical”, Which provoked a “Momentary turbulence”.
The head of the economic team argued that it is necessary, 1, to stabilize the global economic framework to analyze the effects. According to him, Brazil has a privileged position because of exports to the 3 largest economic blocks (China, USA and Europe).
“We are exporting more to the United States, European Union and China. We have bilateral agreements with China very relevant and Southeast Asia, which is Brazil’s super partner.”these. “We have a free trade agreement signed with the European Union, which, in my opinion, will be accelerated in relation to what happened. ”
Haddad said the US has. I.e, . For him, it is from “little service”Retail Brazil. The minister stated that the US country is a very relevant commercial partner who has a tradition of investing in Brail.
“I want to believe that President Lula has adopted the most sober position possible. Look, we have a reciprocal relationship that has to be maintained, Congress has voted a reciprocity law very quickly to signal to the United States that we cannot be treated as 2nd class partners.”these.
