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July 29, 2025
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US fault contingency plan has already been presented to Lula

US fault contingency plan has already been presented to Lula

President Luiz Inacio Lula da Silva received this Monday (28) the contingency plan to help affected companies For a 50% rate on Brazilian products imposed by the United States, Treasury Minister Fernando Haddad said tonight. He reiterated that Brazil does not intend to leave the negotiation table and will continue to give priority to the dialogue to try to reverse the measure.US fault contingency plan has already been presented to Lula

Formulated by the Ministries of the Finance; Development, Industry, Commerce and Services; of foreign relations; And by the Civil House, the contingency plan is now under Lula’s analysis, which will make a decision if the United States does not guard the entry into force of the tariff, scheduled for next Friday (1st).

“We focus on this today. Possible scenarios are already known to the President [Lula]. We have not yet made any decision, because we do not even know what the decision of the United States will be on the 1st. The important thing is that the president has the scenarios all that were defined by the four ministries, ”said Haddad, who did not advance details about the relief plan.

Despite the presentation of the contingency plan, Haddad reported that the priority of the Brazilian government remains the dialogue with the United States. Earlier, the vice president and Minister of Development, Industry, Commerce and Services, Geraldo Alckmin, said the Brazilian government is having dialogues “With reserve” with the US government.

“We agreed to introduce him to him [Lula] The contingency plan with all the possibilities that are available to Brazil and from it at the head of the Presidency of the Republic. The focus is still on negotiations, ”Haddad said in an interview with journalists by leaving the ministry on Monday night.

The Minister of Finance said that Alckmin is in “permanent and permanently available contact” from the US authorities. “The focus, by determination of the president, is to negotiate, try to avoid unilateral measures, but regardless of the decision that the United States government will make, we will remain open to the negotiation,” Haddad reiterated.

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