Vice President Geraldo Alckmin said on Monday (4) that Brazil is ready to enter the WTO (World Trade Organization) against the tariff. The date for the movement, however, still depends on the choice of President Lula.
Finance Minister Fernando Haddad said he intends to find US Treasury Secretary Scott Bessent later this week.
The expectation of the farm is that the conversation prepare the land for a possible meeting between Lula and the US President Ddnald Trump.
In an interview with Band, Haddad said on Monday that Brazil is open to cooperate with the United States in the exploration of rare land. The category is essential for the technology industry, but Americans have suffered from Chinese embargoes to exports in the sector.
About seven hundred products are exempt from the additional fare, but significant sectors such as coffee, machinery and meat, will have to pay the rate of 50%.
The Committee created by the Planalto Palace to make a diagnosis of the tariff now tries to broaden the exemption list. At the same time, the government prepares a package to help the most affected operations in an attempt to preserve jobs.
The Minister of Labor, Luiz Marinho, however, confirmed that the executive will only present the project after the tariff comes into force.
In parallel, Itamaraty tries to open new markets to the impacted sectors.
On Monday, the China Embassy confirmed the authorization for 183 Brazilian coffee producers to have access to the Chinese market.
Beijing also expanded access to the domestic market for Brazilian sesame producers and poultry and swine flour.
