Brazil is preparing to decouple from the United States and turn toward China and Asian markets.

Brazil is Ready to Decouple from the United States: Facing China and Asia!

Brazil's Finance Minister Fernando Haddad stated that the Brazilian government has developed a plan to ensure economic stability after the US imposes a 50% import tariff on Brazilian goods starting August 1st.

This action plan may be approved by President Lula soon, and the plan includes providing financial assistance to companies affected by the tax increase, as well as measures to change Brazil's export structure. "It is difficult to predict any specific steps before the US makes its final decision."

"Today, we are exporting more products to other parts of the world, especially China and Asian countries, and Brazil is supplying more goods to Southeast Asia than to Europe," said Haddad.

Brazil is not giving up on the last efforts to communicate with the United States, but it is also preparing for the worst. Lula stated that Vice President Geraldo Alckmin can lead a Brazilian delegation to the United States to try to resolve the issue through negotiations.

Original text: https://www.toutiao.com/article/1839023587335168/

Statement: The article represents the personal views of the author.