Overview

• Vice President Geraldo Alckmin told U.S. Commerce Secretary Howard Lutnick by phone that Brazil favors negotiation while evaluating responses to the surcharge, and the government delayed a Camex reciprocity report by 30 days as a gesture of restraint.
• Diplomats say a Lula–Trump meeting is likely at the late‑October ASEAN summit in Malaysia, with a preparatory call under consideration, as a White House official confirms talks on a possible in‑person meeting and Trump’s attendance remains unconfirmed.
• Brazil reports partial relief on the tariff list, including the removal of cellulose and ferro‑nickel from the 50% surcharge.
• Foreign Minister Mauro Vieira projects roughly 210 days to reach a deal once formal dialogue begins and reiterates Brazil’s stance on judicial sovereignty as Magnitsky sanctions against Brazilian figures remain in place.
• Brasília is coordinating closely with industry, buoyed by lobbying on both sides, and is preparing an Asia trip with business delegations to diversify export markets while negotiations with Washington take shape.