Overview

• Lula asked for removal of the U.S. surcharge on Brazilian goods and for the rollback of visa restrictions and Magnitsky-related measures against Brazilian authorities.
• Trump appointed Secretary of State Marco Rubio to lead follow-up talks with Vice President Geraldo Alckmin, Finance Minister Fernando Haddad and Foreign Minister Mauro Vieira.
• Both leaders exchanged personal phone numbers, agreed to pursue a face-to-face meeting soon, and floated a possible encounter during the ASEAN summit in Malaysia.
• Lula said U.S. officials could begin internal discussions as early as Tuesday and described Trump’s tone on the call as cordial.
• The tariff package was announced in July at rates up to 50% and took effect in early August with hundreds of exemptions, while Planalto’s note referenced a 40% surcharge in its request for relief.