United States President Donald Trump said on Wednesday that new US commercial tariffs will have a minimum rate of 15% and could reach 50%, indicating that he could confirm the application of the maximum rate to Brazil, the only country subject to this tax range in recent weeks. The measure is scheduled to take effect on August 1.
“We will have a simple and straightforward fare of something between 15%and 50%,” said Trump, during a dome on artificial intelligence in Washington, also indicating that the rates can rise from the current 10%.
According to Trump, the countries that will be affected by the larger rate are those with which the US has not “done very well.” “We have 50% because we have not given us very well with these countries,” he said.
Brazil, according to the White House, was included in the list of targets and alleged unfair trade practices. Later, the US government.
Speech occurs while the Lula government intensifies efforts to avoid damage to the Brazilian economy. The Planalto Palace and the Ministry of Finance evaluate emergency measures, such as a. The line would be funded via extraordinary credit and focused on sectors such as the steelmaker, which depend on exports to the US. .
In parallel, Vice President Geraldo Alckmin proposed to send an interministerial entourage to Washington to seek up to 90 days from the fare and start commercial negotiations. The goal is to present counterparts to the US, such as removal of barriers to American products. The National Confederation of Industry (CNI) also defends the postponement, fearing immediate impacts. In parallel ,.
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Another government strategy is to sensitize the American consumer. Entrepreneurs and agribusiness representatives were advised to show buyers in the US the effects of rates on daily item prices such as meat, orange juice and coffee. A US juice distributor has already fired the courts against the fare, alleging increased costs and risk of layoffs.
Negotiators, however, face a barrier: Eduardo Bolsonaro, son of the former president, spoke on social networks that he will use his influence in the White House to prevent the US government from receiving entourage from Brazil. It is a way of pressuring amnesty to the condemned by the acts of January 8, 2023, and investigated as his father.
At the international level, Brazil reacted firmly in the World Trade Organization (WTO). Without quoting the US, Brazilian ambassador Philip Gough criticized the use of fares for political interference, classifying the measure as an “attack unprecedented to the multilateral commerce system” and which.
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(com Bloomberg)
