President Luise Inacio Lula da Silva (PT) said that Brazil will try to negotiate with the United States on “tariff” by President Donald Trump, before taking any other action, such as reciprocity or even resorting to the World Trade Organization (the World Trade Organization).
“Before making a battle of reciprocity and combating the World Trade Organization, we want to spend all the words in our dictionary for free trade trade with the United States,” he said.
The President also indicated that the Vice President and Minister of Development, Industry, Trade and Services, Geraldo Alkain, and the Minister of Foreign Affairs, Mauro Vieira, are in constant dealing with representatives of trade in the United States.
Since the presidency of the country, Trump It has high import rates to enhance the country industry And correct what you call imbalances in American trade relations.
On the economic policy adopted by Donald Trump, he said if it had not been known as the effects of the American president’s protectionist. He pointed out that Trump has the right to make decisions within his country, but he stressed that Brazil also has independence to make the same economic policy.
Lula added: “The speech, which they are now making in the United States, is completely hostile to what they did, from the 1980s to 2022. It is completely hostile.”
On Thursday (27), during a table in Japan, I thought if not for the consequences of the high tariff It should be a high price, and thus the interest on the country.
“The only thing I know is that it will be more expensive for the American people to buy. This can lead to an increase in inflation, and this increase in inflation means increasing interest rates. Increased interest means containing the economy. So I do not provide a positive framework in this tax increase policy.”
