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Brazilian government to bring Pix to the negotiating table with Donald Trump in Washington, amidst ongoing trade investigations by the United States, doubts about the payment system, and an attempt to ward off pressures deemed undue by the Ministry of Finance.
The Brazilian government intends to discuss trade tariffs and defend Pix at the meeting between President Luiz Inácio Lula da Silva and U.S. President Donald Trump, scheduled for this Thursday (7/5), at the White House in Washington. The information was provided by the Minister of Finance, Dario Durigan, who will be part of the presidential delegation set to depart this Wednesday (6).
Pix will be on the meeting’s agenda
Durigan stated, in an interview with EBC’s Bom Dia, Ministro program, that the trade investigation opened by the United States against Brazil will be addressed at the meeting. He directly cited Pix as one of the points the Brazilian government intends to explain to American authorities during the bilateral agenda.
The minister said that Brazil is available to clarify doubts about the payment system. He stated that Pix is a public payment infrastructure and that the United States is familiar with similar tools, in addition to understanding how this type of system works.
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Government wants to ward off undue lobbying
Commenting on the topic, Durigan declared that the government needs to ward off any “undue lobbying” regarding Pix. The statement occurred in the context of the trade investigations maintained by the United States against Brazil.
In February, the U.S. Supreme Court overturned the 50% tariff announced by Trump on Brazilian products. Even after the decision, the American government maintained investigations involving Brazil and China for alleged unfair trade practices.
Agenda also includes security
In addition to the trade debate and the defense of Pix, Durigan stated that cooperation on security will also be on the meeting’s agenda. The minister cited increased cooperation to combat organized crime as one of the planned topics.
Lula’s visit to the United States had been agreed upon in January, during a phone call between the two presidents. The commitment, however, was postponed due to the escalation of the conflict involving Iran, while the Brazilian president has been critical of the American offensive in the Middle East.
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