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SÃO PAULO, SP (FOLHAPRESS) – The trade war between the United States and China increases Brazil's export potential for these two countries by US $ 7.4 billion a year, according to (19659002 ) The United States has announced surcharges of 25% on 818 Chinese products, amounting to 34 billion US dollars ($ 131 billion) to be valid on July 6th.
284 other products, worth $ 16 billion (R $ 61.7 billion), will be subject to public consultation on July 24 and may be subject to Subsequent tariffs
The United States accuses China of intellectual property theft by forcing US companies to transfer the technology to Chinese SOEs to gain access to the Chinese market.
China announced 25% retaliatory rights on 545 US products, totaling $ 34 billion (R $ 131 billion), which will also be praying on July 6.
Beijing badesses a second round of surcharges of more than $ 16 billion ($ 61.7 billion) of US products, still undefined
In general, Brazil, like all other countries, tend to lose with the trade war because of the impact that this protectionist escalation can have on global growth and commodity prices. "But the investigation shows that there are spaces that Brazil can occupy, it's time," said Diego Bonomo, executive director of international affairs at the CNI
Some of the US products that will be taxed in China are already exported by Brazil, such as pork, soy and fish, and there can be a significant increase in sales.
About 35% of Brazil's fish exports – which include fish, crustaceans and molluscs – are destined for China. The products The Brazilians paid a 12% surcharge to enter the country, and today they pay 7%. "With the Americans who will pay 25% of the tariff, we will gain in competitiveness and we will migrate to the Chinese market, which will pay better," says Eduardo Lobo, president of
He expects a 12% increase in exports, or 240 million US $ 925.2 million, due to the reorientation of sales and better prices
. Brazil plans to double its exports to China, from 48,900 tons in 2017 to 100,000 tons this year.
According to the CNI study, Brazil could increase up to $ 6.4 billion ($ 24.7 billion reais) its sales to China, starting to export products that are not in the market. it sells to other countries, but not yet for the Chinese market, or sell very little.
This is the case of some chemicals, cereals, fruits and vehicles. "Of course, we are not the only ones trying to conquer this market, and the new tariffs will not make all US exports to China inoperative. There are some obstacles that could prevent Brazil from taking advantage of these opportunities, such as the cost of transportation to China, competition from other countries benefiting from tariff preferences and, in the case of agricultural products, Brazil exports 40,000 tons of orange juice per year to China.
But the country does not export certain types of juice, because the customs rules greatly increase the cost – and that will not change –
In the US market, the main gain will be an increase of the competitiveness of industrial products
Brazil exports US $ 3, 9 billion products that compete with China in the United States, such as auto parts, certain types of machinery, chi products and plastics, rubbers.
In addition, there is about 1 billion US dollars 3.86 billion) of products that Brazil already exports to the world, but not to the United States, or only in very small quantities, and could continue to sell in the US market.
Are there any types of vehicles and tractors?
For the study, the CNI investigated all products that will be taxed in China and the United States and determined which of them are exported by Brazil to the world, but not to these countries, and those already
The CNI was to convert the US and Chinese tariff codes to the six-digit harmonized code, which implies a loss of specificity
Source: Folhapress
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