The Federation of Industries of the State of São Paulo (FIESP) expressed support for Brazil Sovereign Plan, announced on Wednesday (13) by the Federal Government. In a statement, FIESP said the measure shows commitment to the defense of national productive sectors. 
“The Federation of Industries of the State of São Paulo (FIESP) expresses its support to the plan announced by the federal government to mitigate the effects of the tariffs imposed by the United States on Brazilian products. Measures to preserve jobs, diversify markets and ensure fair conditions of international trade are important and are committed to the defense of national productive sectors,” the text says.
The entity also said that “it will continue to contribute proposals and actions that expand the resilience of the productive sector and promote the sustainable growth of the Brazilian economy”.
“[A Fiesp] will continue to dialogue with the US private sector. It will continue to work to minimize the effects of these rates in both countries and strengthen the historical business relationship that over decades have built relevant partnerships for economic development and the welfare of our populations. ”
>> Find out what are the measures of MP PLAN BRASIL SOVERELNO
The federal government launched on Wednesday a package of measures to support the productive sector affected by the 50% tariff imposed by the United States government.
The support plan provides for R $ 30 billion in credit and will be made possible through a provisional measure.
Resources for aid measures will come through extraordinary credit credit, used in emergency situations outside the fiscal framework limit. This system was used last year to help the victims of floods in Rio Grande do Sul.
Political interference
The tariff is part of a series of action by the United States to interfere with the trial of Jair Bolsonaro and allies for the attempted coup d’état that tried to reverse the result of the elections of 2022 and culminated in the attacks of 8 January 2023. The performance of licensed deputy Eduardo Bolsonaro, in Washington, in favor of sanctions against Brazil and Brazilian authorities, was investigated by the Federal Police and the Attorney General’s Office Republic.
The Americans opened a commercial investigation against Brazil and adopted 50% tariffs on imports of Brazilian products, level among the highest announced so far in the trade war promoted by Donald Trump. In addition, the agent signed an Executive Order (OE) in which Brazil considers an unusual and extraordinary threat to US National Security, a classification similar to those considered hostile to Washington, such as Cuba, Venezuela and Iran.
Even with the exception of almost 700 fare products, sectors such as agribusiness and industry predict considerable impacts on economic activity, as the United States are the second largest commercial partner in Brazil.
>> Check out the list of almost 700 products that will not be taxed by the USA
In addition to actions against Brazil, the US applied economic sanctions against Alexandre de Moraes, provided for in the so -called Magnitsky Law, as punishment for the trial of the coup plot. Americans also question STF decisions that require Amerocanic technologies companies, owners of digital platforms and social networks, to comply with Brazilian law.
