‘Not fact that justifies the tariff of 50% of the US,’ says the National Industry Confederation

by Andrea
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President of CNI, Ricardo Alban, defended dialogue between countries to reverse the measure and stressed that the United States is the main destination for industrial exports in Brazil

Disclosure / CNI
Ricardo Alban, president of CNI, defended the dialogue to reverse the measure

A expressed on Wednesday (9) against the proposal of the former US President, of applia 50% rate on Brazilian products. In an official and video note, the entity stated that “there is no economic fact that justifies the tariff” and defended the dialogue to reverse the measure. CNI President Ricardo Alban stressed that the United States is the main destination for industrial exports in Brazil and that a break in the commercial relationship would bring “many damage to our growth, competitiveness and jobs.” He asked for the intensification of negotiations to reverse the decision “as soon as possible.”

“I remember that the United States is the main destination for industrial exports in Brazil and our country is an important supplier to the US market. A break in this relationship, with an impact of this magnitude, would have many damage to our growth, competitiveness, jobs, and, consequently, a strong impact on the general economy. Therefore, for the Brazilian productive sector, it is the most important to intensify negotiations and dialogue to reverse this decision as soon as possible. The balance, the technical dialogue, prevail with the necessary bread and determination, ”said Ricardo Alban.

The Confederation reported receiving the news with “surprise and concern”, arguing that the Brazilian industry is interconnected to the Americana. In addition, CNI has countered US justifications, stating that the US country has maintained a commercial surplus with Brazil for over 15 years.

*With information from Marília Ribeiro

*Report produced with the aid of AI

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