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August 4, 2025
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"The world will not end"says Luiz Marinho about US tariff

"The world will not end"says Luiz Marinho about US tariff

It is still early to evaluate the impact on the possible effects of Donald Trump’s government tariff on employment in Brazil, the Minister of Labor and Employment, Luiz Marinho, said on Monday (4). He reiterated that the Brazilian government is willing to negotiate and that the United States may go back in some points of commercial measures."The world will not end"says Luiz Marinho about US tariff

“The world will not end. The world will remain beautiful, firm and strong. The Brazilian government and President Lula always say that we are entirely available to negotiations with Americans and any other country who wants to dialogue with Brazil about eventual business partnerships,” Marinho said at a news conference to detail them. Data from the new Caged.

Contingency plan

The minister did not advance the measures of the government’s contingency plan to help the affected sectors. It only stated that the Ministry of Labor and Employment is completing studies on the exporters’ aid package.

Marinho stressed that any decision on the plan will only be made from Wednesday (6), when the new tariffs from the United States come into force. SAccording to him, the shuttle in negotiations may result in last -minute changes in government plans.

“I think he [Trump] It is not very convinced because it has turned back in various products. As it is a slightly schizophrenic relationship, we have to wait for consolidations to make decisions. To have a real and concrete basis for decision making, ”he said.

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Dialogue

The Minister of Labor and Employment reiterated that President Luiz Inacio Lula da Silva remains willing to talk to Trump. However, he stressed that conversations should occur based on correct information, such as that the US trade balance with Brazil is surplus, with Americans exporting more than importing Brazilian companies.

“It is light that there is no such deficit in the detriment of the United States and, yes, from Brazil. Who would have to complain is us. But we will sit and discuss, prepared, and the way it has to be,” he said. “The United States is an important commercial partner of Brazil and bilateral relations are old, two centuries. It is not possible to mix ‘garlic with bugas’. And no one can have any doubt, respecting the circumstances of each country,” he concluded.

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