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Brazil's Haddad: Meeting with Bessent Canceled

Summary by Bloomberg
Brazil Finance Minister Fernando Haddad said in a local television interview that his meeting with US Treasury Secretary Scott Bessent was canceled. StoneX Financial Chief Market Strategist Kathryn Rooney Vera discusses how this changes the outlook for Brazil if a trade deal is long in the coming with the United States on “Bloomberg Markets.” (Source: Bloomberg)

7 Articles

After US Secretary Scott Bessen cancels the meeting with the Minister of Fazenda, Fernando Haddad, Itamaraty's members assessed that the channels of dialogue with technicians in Washington should continue to be closed. Diplomats and secretaries of the Ministry of Foreign Affairs have come to try to maintain dialogue with American diplomats, even in front of the House of Blanca's negatives. However, the cancellation of the virtual meeting this af…

Congressman Eduardo Bolsonaro (PL-SP) said this Monday (August 11, 2025) that he was not to blame for the cancellation of the meeting between Finance Minister Fernando Haddad and US Treasury Secretary Scott Bessent. The meeting to discuss the 50% tariff applied by the US to Brazilian products was scheduled for Wednesday (August 13). Earlier, Haddad said in an interview with GloboNews that "right-wing militancy" acted to cancel the meeting and th…

Less than 16 hours later, however, Scott Bessent canceled the contact altogether; a strong attitude strengthens the distrust of the external interference phase

·Brazil
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A virtual meeting that would deal with prices and trade relations between Brazil and the United States was cancelled, according to Fazenda Minister Fernando Haddad. The meeting with the Secretary of the North American Treasure, Scott Bessent, attempted to discuss measures to minimise the impact of the 50% price imposed on Brazilian products on the US market. The rate, which took place on the last quarter, 6 affects almost 36% of Brazil's exports…

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Globo broke the news in Brazil on Monday, August 11, 2025.
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