The Federation of Industries of the State of São Paulo (Fiesp) has issued a sharp rebuke of the United States' decision to impose new tariffs on Brazilian exports, describing the move with "deep concern." The industry group also criticized the Brazilian federal government's posture in handling the dispute, signaling a rift between private sector leaders and policymakers over trade strategy.
The statement follows an announcement by the U.S. Trade Representative proposing a 25% tariff on goods from Brazil.
The proposal cites alleged unfair trade practices that burden American businesses, a directive attributed to President Donald Trump.
For Brazilian exporters, the potential duties represent a significant cost increase that could erode competitiveness in the US market, a critical destination for Brazilian agribusiness and manufactured goods.
Fiesp's intervention highlights growing anxiety within Brazil's industrial base regarding external trade risks.
The federation's dual criticism—targeting both the US policy and the domestic government's response—suggests frustration with the lack of a robust diplomatic or retaliatory framework.