Contingency plan will be complete, but goal is to solve

The dialogue has been difficult. The White House has conditioned the opening of dialogue to the interruption of the case in which former President Jair Bolsonaro (PL) is a defendant for attempted violent abolition of the Democratic Rule of Law, among other crimes, something discarded by both the Brazilian government and by the Supreme Court (STF).

In a speech today, President Lula (PT) asked Trump “reflect on the importance of Brazil” and resume dialogue. “Is there disagreement? Have. You are having a table, puts the divergence on the side and we will try to resolve. And not abruptly, individual, make the decision that it will fine, taxes Brazil by 50%,” said the president.

Plan is being formed

Skeptical, the government is already “preparing for the worst”. The options, discussed with entrepreneurs by the Emergency Committee in these two weeks, are aimed at alleviating the impact already considering that the tariffs will be instituted, at least momentarily. At least 10,000 Brazilian companies can be directly affected by the tariff, according to the Ministry of Finance.

The economic team studies a plan to mitigate the impact. “The contingency plan is being prepared, quite complete, well done, “said the vice president. The project is in charge of the Ministries of Finance and Planning in partnership with Alckmin’s and should be presented to the president later this week.

One of the proposals is the credit line for the most affected sectors. Whether through the creation of a private fund or through public funders, areas that show that their revenue projection was affected by tariffs would have access to facilitated credit.