Brazil officials noticed that their country was only for strengthening trade with their partners.
Brazil will not enter a trade war with the United States after US President Donald Trump introduced 25% of the roles of iron and aluminum imports. CNN reported it.
“The government has not discussed this issue,” the Brazil Aleshandre Padilla’s institution’s institution minister said at a press conference.
He said Brazil president Luis Inasiu Lula da Silva “has always clearly said that the trade war does not bring benefits to anyone.”
Padilla added that Brazil advocates to strengthen trade with its partners, and not for participating in any trade war.
The U.S. Department of Community Note that Brazil is the second largest exporter in the United States after Canada.
In the past, Trump promised that he would introduce 100% duties for BRICS countries if they decided to create their own money and replace the American dollar. They also need to “say goodbye to the sales of the US economy.”
Bolsonar promised to withdraw Brazil from Brix if he became president
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.