Overview

• Vice President Geraldo Alckmin said some wood and furniture items were moved into Section 232, lowering punitive rates from 50% to 10%–25% following the brief UN encounter.
• Alckmin estimated about $370 million in Brazilian exports were removed from the 50% surtax this week and called the shift a first important step.
• No date or venue has been set for the next Lula–Trump interaction, with a phone or video call under consideration and a neutral location preferred for any eventual meeting.
• Diplomats are weighing the late‑October ASEAN summit as a potential window, though Trump’s participation has not been confirmed.
• Brazilian negotiators, including Fernando Haddad during an Oct. 13–17 trip to Washington, are pursuing further relief as a U.S. government shutdown and internal policy splits complicate timing.