In letter, Brazil charges a response from the US and says it acts on ‘good faith’

“Brazil has been dialogued in good faith with the US authorities in search of alternatives,” complains the note. “To advance these negotiations, Brazil has requested, on several occasions, that the US identify specific areas of concern for the US government.”

Brazil remains ready to dialogue with US authorities and negotiate a mutually acceptable solution on the commercial aspects of the bilateral agenda, with the aim of preserving and deepening the historical relationship between the two countries and mitigating the negative impacts of tariff rise on our bilateral trade.
Letter sent by the Brazilian government to the USA

Analyzing the possibilities

The government has debated how to respond to promises. It is consensus on Planalto and Itamaraty that it is necessary to invest in dialogue and diplomacy, as the note indicates, but the government has already prepared B plans to try to soften the likely economic impacts.

At a meeting yesterday, the productive sectors asked for a negotiation about extending the deadline. Entrepreneurs also complained that the date of August 1 is unenforceable and requested an extension of at least 90 days. Alckmin said he can “work in this regard.”

President Lula (PT) does not rule out using the reciprocity law, although entrepreneurs are against. THE Facto News It has found that appealing to the law is in one of the last options, in case of no advancement of dialogue with the US government, and therefore should only occur from August 1, if promises are actually fulfilled. The decree regulating the law, passed by Congress in April, was published on Monday.