The government is analyzing multiple answers to the 50% surcharge Trump ad on Brazilian products, valid from August 1. Measures include emergency fund creation and diplomatic entourage and strengthening commercial agreements to more incisive reactions, such as Big Techs taxation. The information is from S.Paulo Folha.
The initiative takes place ten days from the effectiveness of US tariffs, which seems increasingly real given the disqualification of Americans to open negotiations. According to the newspaper, financial institutions already seek legal advice in the US to deal with even more severe sanctions, including restrictions on banking operations.
Finance Minister Fernando Haddad ,. The focus, therefore, is to create alternatives that do not escalate retaliation, but guarantee negotiation and defense of Brazilian competitiveness.
See the alternatives under discussion:
1. Emergency fund for exporters
According to S.Paulo Folhathe government discusses creating a temporary private fund, capitalized via provisional measure and extraordinary credit, with the objective of giving access to credit lines to companies proven to be impaired by the fall in exports to the US market.
2. Washington entourage
Vice President Geraldo Alckmin, according to the newspaper, is studying leading an interministerial entourage with public and private sectors in order to negotiate up to 90 days or cancellation of tariffs, presenting a package of US commercial concessions.
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3. Extension of the term
The proposal, publicly defended by the National Confederation of Industry (CNI), seeks to postpone the start date of tariffs, preventing the impact from being real before any advance in negotiations.
4. Global agreements reinforcement
The Minister of the Civil House, Rui Costa, states that Brazil intends to intensify relations with other partners, especially aiming to accelerate the conclusion of the UE -Mercosul agreement until December.
5. Awareness of American consumers
Brazilian businessmen heard by Sheet They should approach US importers to expose rates on high consumption products such as beef, coffee and orange juice, encouraging US market mobilization.
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The government on US technology companies, as proposed by the Sheet. The idea is a response to the political component of the dispute without harming users.
Remember the case
On July 9, the US President announced 50% surcharge on all Brazilian products, valid from August 1, in retaliation for Jair Bolsonaro’s trial and the removal of content on social networks, as well as alleged unfair business practices. The Brazilian government reacted by calling on the meeting of ministers, analyzing the application of the economic reciprocity law and internationalizing the debate.
