‘Complaining about Pix is the same as defending landline in place of the cell phone,’ says Haddad

by Andrea
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Amid US commercial investigation against Brazil, the Minister of Finance defended the instant payment system created by the BC, stating that considering it ‘as a possible threat would be irrational

Mateus Bonomi/Agif
Fernando Haddad, Minister of Finance, and Gabriel Galipolo, president of the Central Bank, in the Planalto Palace

The Minister of Finance, defended again on Monday (21) the means of payment created by after criticism from Donald Trump’s government. The United States began an investigation against Brazil that includes, among other points, the Brazilian instant payment system. “Complaining from Pix is the same as defending landline in place of the phone,” Haddad told CBN radio. For Haddad, discomfort with Pix is amazing, and treating the means of payment “as a possible threat to the US would be irrational. The investigation comes in the context of additional 50% advertising on any Brazilian product. US President Donald Trump has used political reasons to justify the imposition, especially the lawsuit against former President Jair Bolsonaro (PL) in the Brazilian judiciary.

Federal Deputy Eduardo Bolsonaro (PL-SP) is investigated in court due to his performance in the United States, where since March has been calling for sanctions against Brazilian authorities. He seeks amnesty those involved in the coup attacks judged in the Federal Supreme Court (STF). Former President Jair Bolsonaro (PL) is a defendant in a 2022 criminal action.

“The Bolsonaro family was claiming sanctions because our judiciary works,” said Haddad. “Brazil gets along with all countries, we cannot accept provocation without factual basis,” added the minister. Any exclusion from Brazil from international payment systems, which was speculated last week, would have no relationship with Pix in Haddad’s view. This extreme measure happened to Russia, which is at war.

*With information from Estadão Content

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