The Interministerial Committee created to define the Brazilian response to the 50% tariff imposed by the United States on products in Brazil meets on Friday (18) with representatives of the mineral sector-pointed as a key piece in negotiations with the government of Donald Trump.
The meeting will be led by the Vice-President of the Republic and Minister of Development, Industry, Commerce and Services, Geraldo Alckmin (PSB), and will be attended by the CEO of IBRAM (Brazilian Mining Institute), Raul Jungmann.
Brazilian authorities heard by the report evaluate that minerals – especially rare lands – can receive special treatment in the context of tariffs.
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Today, this market is dominated almost exclusively by China. Reducing dependence on Beijing has been one of the priorities of the new Trump management.
And those who emerge as the main interested in Brazilian minerals, today bought mostly in China, are precisely the Americans. Currently, the Chinese market accounts for about 70% of exports in the mineral sector of Brazil.
. In the latest, at the end of June, the US representative was the US embassy business in charge, Gabriel Escobar.
The agenda of the meeting was to evaluate possibilities for cooperation between Brazil and the United States in the production of critical minerals. The meeting was organized by Ibram.
Brazilian authorities also evaluate that there is room to include in the “special regime” strategic minerals such as lithium, cobalt and nickel.
One of Brazil’s main arguments at the US negotiating table will be precisely Chinese dominance in this market.
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Meeting between government and entrepreneurs
The federal government began, last Tuesday (15), one to discuss alternatives and negotiation strategies with the United States.
Planalto’s idea is to take advantage of the interlocution and access of Brazilian entrepreneurs with the US market to align the speech between the public and private sectors and to define the best negotiation strategy.
The vice president argues that before the government makes any decision, it is essential to hear the private sector, which has a direct connection with the US market.
