Economy goes well despite Trump’s petard

Despite the heated service sector and a pujante labor market, food and industrial goods prices are much more accommodated. And Selic up there, at 15%, the highest value in two decades, attracts foreign capital in Carry Trade operations – when you take money in a lower interest country and apply to another coin at higher rate and benefits from difference.
Amanda Klein

President Lula (PT) also announces today a contingency plan to help economic sectors affected by the United States tariff. Among the measures that were anticipated are R $ 30 billion in credit for companies, government purchases of products that are not exported and requirement of national content in goods produced in the country.

Lula redoubled the bet on the current strategy: he does not intend to call Trump anytime soon, he kept the door open to negotiate in a coin other than the dollar and tries to strengthen the ties with BRICS and look for new markets for Brazilian products. He has spoken to leaders from India, Russia and China. Today will call Cyril Ramaphosa from South Africa.

The president advanced the main measures to be announced today: an initial line of credit of $ 30 billion for harmed companies – stressed that this is only the beginning – government purchases exported to the United States and national content program.

Most with the counterpart of employment by companies. He also revealed that he studies retaliation actions for Americans based on the law of reciprocity, but without bravado and measuring the consequences for the Brazilian people.
Amanda Klein

THE Open market It will air from Monday to Friday at Facto News at 8am, with presentation by Amanda Klein, anticipating the main movements of the financial market.