started · updated
Brazil and U.S. to resume trade talks following presidential call
Brazil and the United States have agreed to resume commercial negotiations following a phone call between Presidents Luiz Inácio Lula da Silva and Donald Trump. The leaders discussed the recent imposition of significant tariffs on Brazilian exports, which include a 25% surcharge on various goods and an additional 12.5% levy on products linked to allegations of forced labor.
To address the dispute, U.S. Trade Representative Jamieson Greer and Brazilian Minister of Development Márcio Elias Rosa are scheduled to hold a virtual meeting on Monday, August 31, at 14:30 Brasília time. The U.S. has cited several reasons for the tariffs, including concerns over deforestation, intellectual property, and the Pix electronic payment system. President Lula has characterized these justifications as unfounded and argued that the tariffs harm both economies.
In response to the economic pressure, the Brazilian government has issued Provisional Measure 1.386, which extends tax suspension deadlines for companies affected by the new trade conditions. Meanwhile, Brazil's Chamber of Foreign Trade (Camex) has also implemented its own trade defense measures, such as a tariff-rate quota system on certain steel products, to protect domestic manufacturers from foreign competition.
Entities
Brazil · Donald Trump · Jamieson Greer · Luiz Inácio Lula da Silva · Márcio Elias Rosa · Recep Erdoğan · Turkey · United States Trade Representative
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 5 SOURCES] U.S. trade barriers are based on issues including deforestation, intellectual property, and the Pix payment system. www.noticiaja.com · www.portalcorreiodoagreste.com.br · www.cliquef5.com.br · focuspoder.com.br · news.folhadoprogresso.com.br
- [● 10 SOURCES] The presidents held a phone call lasting approximately 80 minutes to discuss trade tensions. correiodovale.com.br · edenevaldoalves.com.br · www.jornalfolhadoestado.com · www.noticiaja.com · www.portalcorreiodoagreste.com.br · +5 more
- [○ 1 SOURCE] The Brazilian government issued Provisional Measure 1.386 to extend tax suspension deadlines for affected exporters. portaldocomercio.org.br
- [● 8 SOURCES] The Brazilian president claims the justifications for the U.S. tariffs are unfounded. correiodovale.com.br · www.noticiaja.com · www.portalcorreiodoagreste.com.br · www.cliquef5.com.br · focuspoder.com.br · +3 more
- [● 10 SOURCES] An additional 12.5% tariff was applied to certain Brazilian products based on allegations of forced labor. correiodovale.com.br · edenevaldoalves.com.br · www.jornalfolhadoestado.com · www.noticiaja.com · www.portalcorreiodoagreste.com.br · +5 more
- [● 10 SOURCES] The U.S. imposed a 25% surcharge on various Brazilian products in July. correiodovale.com.br · edenevaldoalves.com.br · www.jornalfolhadoestado.com · www.noticiaja.com · www.portalcorreiodoagreste.com.br · +5 more
- [○ 1 SOURCE] Brazil's Camex established a tariff-rate quota system on specific steel products to protect domestic producers. tradecouncil.org
- [● 10 SOURCES] The U.S. Trade Representative and the Brazilian Minister of Development will hold a virtual meeting on Monday, August 31, at 14:30 Brasília time. correiodovale.com.br · edenevaldoalves.com.br · www.jornalfolhadoestado.com · www.noticiaja.com · www.portalcorreiodoagreste.com.br · +5 more