Brazil, US trade negotiators to resume talks after Lula-Trump call

Negotiators from Brazil and the United States are set to resume trade talks next week. This follows a phone conversation between Presidents Luiz Inácio Lula da Silva and Donald Trump, who agreed to continue discussions on trade tariffs.

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opened a new channel of dialogue and reinforce the perspective of a negotiated solution

Both leaders recognized that ongoing negotiations are the most effective way to address the crisis sparked by Washington's decision to impose additional tariffs, potentially reaching 37.5%, on certain Brazilian imports. Following the presidential call, U.S. Trade Representative Jamieson Greer contacted Brazil's Minister of Development, Industry, and Trade, Marcio Elias Rosa, to schedule a meeting.

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unfounded

The Brazilian government stated that the presidential conversation and Trump's approval for resuming talks "opened a new channel of dialogue and reinforce the perspective of a negotiated solution." During their "cordial" one-hour and twenty-minute call, Lula argued that the U.S. Trade Representative's justifications for the tariffs were "unfounded." He emphasized that continued negotiation was the "best option" for the U.S. to remain a key trading partner for Brazil.

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preserving strong trade ties

Trump reportedly agreed on the importance of "preserving strong trade ties" and proposed that teams from both countries meet "as soon as possible." Brazil intends to use these negotiations to persuade the U.S. to eliminate or reduce the impact of the tariffs, which were imposed in July. Washington cited alleged unfair trade practices and Brazil's tolerance of forced labor as reasons for the tariffs, which included a 25% duty on many Brazilian products and an additional 12.5%.

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as soon as possible