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2mo ago

Brazil and U.S. Open Talks on 50% Tariff After Lula–Trump Meeting

Negotiators held a first session in Kuala Lumpur, with Brazil pressing for a rapid timetable.

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Trump e Lula conversaram com jornalistas antes de reunião a portas fechadas

Overview

  • Technical teams from both governments met in Kuala Lumpur on Monday to begin negotiating over the U.S. 50% duty on Brazilian exports, with a schedule sketched for the coming weeks.
  • The tariffs remain in force with no rollback announced, and Brazil asked for their suspension during the negotiation period.
  • President Lula voiced confidence a solution could come in days, while his foreign minister projected a few weeks as the working horizon.
  • The U.S. side was led by Secretary of State Marco Rubio, Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer; Brazil was represented by Foreign Minister Mauro Vieira, MDIC’s Márcio Elias Rosa and presidential adviser Audo Faleiro.
  • Brazil also raised U.S. sanctions on Brazilian authorities under Magnitsky-style measures, with leaders agreeing that political questions would be handled directly between the presidents.