Brazil, US set up working group to discuss potential trade agreement
The United States will submit a proposal in coming weeks as both sides seek a mutually acceptable agreement after July tariffs.
- On Wednesday, Brazil and Washington agreed to establish a working group following a meeting between Foreign Minister Mauro Vieira, Trade Minister Marcio Elias Rosa, and Trade Representative Jamieson Greer.
- Washington announced in July tariffs of 25% on some Brazilian goods for alleged unfair trade practices, and 12.5% tariffs linked to allegations of lax enforcement regarding forced labor bans.
- The meeting builds on bilateral engagement following an August phone call between President Donald Trump and Luiz Inacio Lula da Silva.
- Lula told CNN International earlier this month that Brazil does not intend to use its so-called reciprocity law over tariffs while trade talks continue.
- Washington will submit a proposal in the coming weeks setting out the scope of negotiations, including tariff and nontariff issues, according to a government statement.
32 Articles
32 Articles
Brazil-US trade meeting called “constructive” amid election season. Representatives from Brazil and the US held a “constructive” meeting on their trade relationship, Brasilia announced, a few days before the presidential election in this South American country that is hit by Washington’s tariffs. US tariffs on Brazilian products In July, the administration of US President Donald Trump imposed two waves of additional taxes on Brazilian products,…
The Brazilian government and its US counterpart had meetings due to tariff crises imposed by the US.
Brazil, US set up working group to discuss potential trade agreement
Ministers Mauro Vieira and Márcio Elias Rosa met with American trade representative Jamieson Greer
The Minister of Development, Industry, Trade and Services (Mdic), Márcio Elias Rosa, and the Minister of Foreign Affairs, Mauro Vieira, are meeting on Wednesday (30) with the United States trade representative, Jamieson Greer, during the meeting of the G20 trade working group in Milwaukee, Wisconsin, cleared the Value. The meeting seeks to keep open negotiations between the two countries on tariffs. Exclusive material for subscribers. To have fu…
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