A AMCHAM (American Chamber of Commerce for Brazil) alerted the possible severe impacts on the Brazilian economy after the announcement of Donald Trump on the imposition of 50% tariffs on Brazilian products.
AMcham, which represents more than 3,000 companies and about 30% of Brazilian GDP, highlighted the growing and vigorous trading current between Brazil and the United States, appealing for rationality and a negotiated solution between countries.
Commercial Supervit Favorable to the USA
The entity stressed that among the G20 countries, Brazil has the third largest commercial surplus with the United States. In the first five months of this year, this surplus reached $ 1 billion.
In addition, from 2015 to 2024, the US accumulated a surplus in services of 165 billion dollars with Brazil, covering sectors such as technology, digital and financial products, tourism and airlines.
According to CNN Journalism Director in Brasilia, Daniel Rittner, the.
Such a measure would be considered “a shot in the foot”, as it would cause the increase in Brazilian production, since the country imports from the United States many intermediate goods used in manufacturing processes.
Alternatives under study
The Brazilian government had been studying possibilities for retaliation against the United States a few months ago. Discussions now focus on alternatives that do not directly involve tariffs on imported products.
Among the options considered are the suspension of intellectual property rights, such as drug patents and audiovisual rights royalties, as well as the possibility of increasing the taxation of dividends from US companies sent to the United States.
The situation remains under development, with the Brazilian government carefully analyzing the possible responses to Trump’s announced measure, seeking to minimize negative impacts on the national economy.
