Brazil, US agree to hold new meetings to discuss tariffs as talks resume
SPY•Brazil and U.S. officials resume tariff dialogue
Brazilian and U.S. officials spoke virtually on Monday to discuss tariffs imposed by the Trump administration, and agreed to hold further meetings at a later date, Brazil's industry and trade ministry said in a statement.
Brazilian Foreign Minister Mauro Vieira and Industry and Trade Minister Marcio Elias Rosa held a virtual meeting with U.S. Trade Representative Jamieson Greer, the ministry said.
Officials agree to more ministerial and technical meetings
- The parties agreed to meet again at the ministerial level to review the progress achieved during technical meetings that are set to be held in the coming weeks, it added
- "It was a meeting to resume dialogue. Obviously, we didn't make any progress on any of the negotiating points," Rosa told journalists
- In July, the U.S. imposed a 25% tariff on imports of Brazilian products, alleging unfair trade practices
- A few days later, the U.S. also imposed a 12.5% tariff on imports from Brazil as part of a broad measure targeting dozens of nations linked to allegations of lax enforcement of forced labor bans.
- Brazilian authorities reiterated to Greer that they do not agree with the measures taken by the U.S., calling them not compatible with multilateral trade rules, the ministry said
- Monday's talks came after Brazil's President Luiz Inacio Lula da Silva and U.S. President Donald Trump discussed the tariffs during a phone call earlier this month




