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Tariffs: Alckmin reaffirms that contingency plan will be announced next week

BySimon Rousseau Posted onAugust 10, 2025 4:30 amAugust 10, 2025 4:30 am
Tariffs: Alckmin reaffirms that contingency plan will be announced next week

Vice President and Minister of Development, Industry, Commerce and Services, Geraldo Alckmin, again said on Saturday, 9, that the Lula Government’s contingency plan to mitigate the effects of the United States tariffs to Brazil should be announced early next week. The measures will focus on companies that most export to the US market.

Alckmin stressed that the executive’s priority is not to retaliate the United States, but expand the number of excluded sectors from the fare. “The priority is not retaliation, the priority is to resolve, seek to expand the number of sectors that are excluded, that are out of this rate of tariff that we understand extremely unfair. In fact, with a totally weak legal basis, because I cannot do regulatory policy based on partisan political issues,” he told the press during a visit to Guaratunguetá (SP) concessionaire.

Lula and Putin talk on the phone about war in Ukraine and BRICS

Putin shared with Lula information about ongoing discussions with the US

The vice president stressed that, in the government assessment, the increase in tariffs is a misunderstanding that mainly penalizes the population. “When the fare is increasing, the consumer is pays. It is the government that pays, it is the consumer who ends up paying. So we understand that it is a losing loss. We should go to a win.

Simon Rousseau
Simon Rousseau

Hello, I'm Simon, a 39-year-old cinema enthusiast. With a passion for storytelling through film, I explore various genres and cultures within the cinematic universe. Join me on my journey as I share insights, reviews, and the magic of movies!

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