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Vice President Alckmin: “Federal Government is working to resolve tariff issue with the United States before August”
Mobilization with the productive sector continues throughout the week. Meetings are scheduled with other sectors and entities, including businesspeople and workers. Conversations are also planned with representatives of the U.S. business community, including Amcham – the American Chamber of Commerce for Brazil (Câmara Americana de Comércio para o Brasil /Amcham) - Credit: Júlio César Silva/MDIC
Following two meetings with representatives from the industrial and agricultural sectors to address the tariffs imposed by the United States on Brazilian exports, Vice President and Minister of Development, Industry, Commerce and Services (Ministério do Desenvolvimento, Indústria, Comércio e Serviços /MDIC), Geraldo Alckmin, stated on the afternoon of Tuesday, July 15, that the Federal Government is working to resolve the issue before August 1. That date was announced by U.S. President Donald Trump for the start of a 50% tariff on products originating from Brazil.
We were able to hear the productive sector and reiterate the commitment to dialogue, which is President Lula’s commitment, so that we can work together to reverse this situation. The government’s intention is to resolve it by July 31"
Geraldo Alckmin
Vice President of the Republic and Head of MDIC
The meetings took place within the scope of the Interministerial Committee on Negotiation and Economic and Trade Countermeasures (Comitê Interministerial de Negociação e Contramedidas Econômicas e Comerciais /CINCEC), created by President Luiz Inácio Lula da Silva’s decree to respond to the implementation of unilateral tariff measures by countries or economic blocs that are harmful to Brazil.
''We were able to hear the productive sector and reiterate the commitment to dialogue, which is President Lula’s commitment, so that we can work together to reverse this situation. It was pointed out here that the timeframe is tight, with a request for an extension. However, the government’s intention is to try to resolve the matter by July 31,” Alckmin emphasized.
Read also: Unity, negotiation, and dialogue mark meeting with industry on U.S. tariffs
Mobilization with the productive sector will continue throughout the week. Meetings are scheduled with other sectors and entities, including businesspeople and workers. Conversations are also planned with representatives of the U.S. business community, including Amcham – the American Chamber of Commerce for Brazil (Câmara Americana de Comércio para o Brasil /Amcham).
DIALOGUE WITH THE U.S. PRODUCTIVE SECTOR – In a press conference following the afternoon meeting, Alckmin emphasized that representatives of the Brazilian productive sector committed to working with their U.S. counterparts, who will also be affected by the increase in export tariffs on Brazilian products sold to the United States.
“Sometimes you have integrated supply chains, so we will also work with American business leaders, showing that this causes harm not only to Brazil, but also to the American population, because there is an economic complementarity,” Alckmin emphasized.
He also mentioned the U.S. balance trade surplus with Brazil. While Brazilian exports grew by 4.3% in the first half of the year, imports of U.S. products increased by 11%.
The meeting was attended by the Minister of the Chief Of Staff's Office (Casa Civil), Rui Costa; the Minister of Agriculture and Livestock (Ministério da Agricultura e Pecuária), Carlos Fávaro; the Minister of Ports and Airports (Ministério de Portos e Aeroportos), Silvio Costa Filho; the Minister of Fisheries and Aquaculture (Ministério da Pesca e Aquicultura), André de Paula; the Minister for Institutional Relations of the Presidency of the Republic (Secretaria de Relações Institucionais da Presidência da República), Gleisi Hoffmann; and the Acting Minister of Foreign Affairs (Ministério das Relações Exteriores), Maria Laura da Rocha, among other members of the Federal Government.
On the agribusiness side, leaders from the coffee, fruit, seafood, and beef sectors, among others, participated.