Faesp sees suspension of US tariffs as 'significant advance'

The decision by the United States government to reduce tariffs on over 60 Brazilian products represents significant financial relief for the national agribusiness sector. This is the assessment of the Federation of Agriculture and Livestock of the State of São Paulo (Faesp). According to Tirso Meirelles, president of the entity, the suspension also brings predictability to the sector. “This news reinforces the importance of the Brazilian agribusiness sector in the global context. The extra tariffs penalized not only the national producer, but also American consumers, who saw disappear from supermarket shelves foods that are part of the daily routine of families and where they recognize quality. It is an important victory for agribusiness,” said Meirelles. Despite the good news, the president of Faesp makes an important warning. According to Meirelles, it is necessary to strengthen diplomacy and continue seeking new markets to guarantee the profitability of producers. For the ...