At least 10,000 companies can be affected with tariffs, says Haddad

Negotiation roads are still among technicians. Haddad said there was no official conversation between state secretaries with the US, and he returned to blame the right to “prevent” the start of conversations. “I already said and I repeat that we will not leave the negotiation table. If our counterpart does not want to sit at the table, it is another problem. And if there are interests of Brazilian extremists who are competing against national interests, we have to manage it internally,” he said.

Allied governors should do an interlocution to “sensitize the characters” to disregard negotiations. Haddad did not directly appoint Eduardo Bolsonaro (PL), who is in the United States, and referred a few times to the “Bolsonaro family.” The Finance Minister also said he accepts suggestions from the states. “All measures are welcome, and it is good when the governor expresses interest. Until the other day, they were choir with the United States government. The fact that they are worried helps us, unites the country around a goal,” he said.

Government studies contingency plan for the tariff, including credit lines. Haddad stated that the planning will be presented to President Lula (PT) next week. Today, ministers who are part of the committee created to evaluate the tariff have received a report with all possible losses.

“I think it has to do with Pix.” Although he finds it strange “implication”, Haddad considers that the payment method is a Brazilian asset, and that Pix has potential for growth to make financial operations cheaper, and that this may have annoyed Donald Trump and also motivated the tariff.