Finance Minister stated that a relationship will be conducted in the same way as the dialogue maintained during the Biden government: ‘There are important complementaries that can and should be exploited’
Amid the commercial tensions generated by the Finance Minister Fernando Haddad highlighted Brazil’s interest in strengthening relations with the United States. During a Milken Institute event, He stated that the Brazilian government seeks an approximation with the Trump administration, similar to that maintained with the previous government of Joe Biden. The minister stressed that Brazil defends multilateralism and maintains partnerships consolidated with large economic blocks, including Southeast Asia, Europe, Mercosur and the United States. Recently, Brazil has signed an agreement with the European Union, demonstrating its commitment to international cooperation.
Haddad also met with US Treasury Secretary Scott Bessent to discuss the impact of tariff on Brazilian imports. The minister argued that the measure is unjustified, since Brazil and other countries in South America have commercial deficit with . Despite global turmoil, Haddad stated that Brazil is in a favorable position, defending principles that promote sustainable reglobalization. During his visit to the United States, the minister presented a plan to the Data Centers sector, highlighting the anticipation of the effects of tax reform, which aims to dishonue investments and exports of services in the sector.
“Regardless of the global challenges, Brazil is in a very favorable position because the principles that Brazil defends in the world are completely adherent principles of sustainable reglobalization,” said the Minister of Finance.
In addition, Haddad mentioned Brazil’s protagonism by hosting COP 30 and expressed optimism about the country’s economic growth. He emphasized that South America offers a favorable environment for investments with legal, political and energy security. The Minister’s visit to the United States aimed to attract investors’ attention to the opportunities offered by Brazil, seeking an approach that can benefit both countries.
*With information from André Aneli
*Report produced with the aid of AI
