Finance Minister declares that Brazil will not choose between the US and China as a commercial partner
The Minister of Finance, said on Monday (12.MAI.2025) that, after the return of the president (PT) to Brazil, the government will make a “balance”Conversations with global authorities to decide measures about US tariffs.
Lula sanctioned, which authorizes Brazil to adopt tariff and environmental reciprocity in trade with other countries. According to Haddad, “Even Bolsonarism”Voted for project approval. The speech was in, interviewing the portal UOL this Monday (12.mai).
“It is not the 1st [reunião] that Brazil has with the United States, because the vice president [Geraldo] Alckmin is involved in these negotiations. Now, with the president coming back, we will be able to take stock of all these interlocutions and we will be able to make decisions ”he said. , where he met with US Treasury Secretary Scott Bessent.
According to the minister, Bessent recognized the “Strangeness” From Brazil being taxed, and unlike China, it has, that is, it matters more than it exports.
According to him, Brazil is doing a right policy because it is not choosing an economic block. “Brazil knows that, to develop, it needs good trade agreements with Asia, good trade agreements with Europe and a good deal with the United States as well”He said.
Haddad also argued that the US needs to look at more “generosity”For the countries of South America.
“South America is deficient in its trade relations with the United States. How do you rate a region that is deficient? From an economic point of view, it makes no sense to this. He, in fact, recognized when I said that ”said Haddad.
For the minister, the United States should look at the American continent in a more “strategic” e “long -term”Argued that the US country has much to gain from the largest regional balance and industrial development.
“The continent, if you have vulnerabilities, as it has today, and I am not talking about Brazil […]The more a country is vulnerable, the more it becomes easy prey to commercial interests around the world. From my point of view, the US should look more generously at Latin America and South America ”he declared.
USA & CHINA
Haddad said President Lula will not choose between the US and China. Stated that the chief executive is seen as a “genuine Democratic”For flying against the dictatorship and never contested the electoral result.
“Perhaps it is one of the few rulers who have open doors in any quadrant in the world ”he said. Another quality of the president, according to Haddad, is to believe in multilateralism.
“He thinks that Brazil, especially for its dimension […]nor can you think of a policy other than multilateral ”these.
On Monday (12.MAI), China and the US to reduce rates on imported products between the 2 countries for an initial period of 90 days. The agreement was signed after, in Switzerland, during the weekend.
In practice, as released from May 14, Americans will temporarily reduce their rates on Chinese products, which were by 145%to 30%, while China will reduce their rates on US imported products, then taxed by 125%to 10%.
“I think they are trying to find a path to rebalance some very important macroeconomic variables. The American external deficit is very high. The internal deficit is high. The interest rate has been high for a long time. This is all complicating the lives of Americans a little ”said the minister.
Haddad stated that the United States has promoted a lot with globalization, which can be seen with the growth of US per capita income. Argued that China, however, benefited “much more”And added: “And this generates discomfort for a country that, until the other day, faced the Soviet Union and Japan and has won, as it were, both. And now it has a greater challenge, because China is a military and economic power”.
The minister said the Asian country has occupied the border of technological advances and has a population of 1.4 billion inhabitants.
TECHNOLOGY
Haddad said Brazil imports 60% of data centers. For him, the percentage “It makes no sense ”because the country has clean and cheap energy. The minister argues to be a national security theme, because there are bank data that is sent to other countries, such as the United States.
According to the minister, Brazil should not process data from tax payers or patients from SUS (Unified Health System). Stated that data centers They need to be in the national territory and some of them will have to be protected by the processed data.
Stated that Lula will mark a date to launch the national policy for implementation and attraction of data centers In Brazil when you return from international travel. THE Poder360 Already showed that the new rule.
“Brazil has a higher cabling to its neighbors, of better quality. The country has everything to process here its data, including for security reasons.”said Haddad. “This is being thought, even in terms of government purchases, how the government will hire data processing. This needs to be discussed with society to protect citizens’ data ”completed.
Haddad said the national policy will also allow the reduction of Brazil’s external deficit with the service account. Brazil sends resources to other countries to use data centers.
Tax reform
Haddad said the tax reform will have “profitable consequences”For Brazil.“It is a renovation expected for over 40 years in Brazil, and finally carried out. I want to believe it will be my main legacy in the Ministry of Finance this reform, although it will have deferred effects in time ”these.
Haddad stated that the tax system will be one of the best in the world and will allow the digitization of the Brazilian economy, which has classified as something transformative for the country.
According to him, investors from various areas, such as data centersenergy or auto, will benefit from the exemption of investments and export.
“The role will end, the invoice. Everything will be electronic, including the payment of taxes. Will be addressed to municipalities, states and union automatically”Said Haddad.I am thinking of a tax reform that effectively transforms Brazil into a platform for the production of goods and services, including for export ”he added.
