Brazil, US resume negotiations on Trump tariffs
BRASÍLIA: Brazil has resumed talks with the United States over the steep trade tariffs imposed by Washington, the government in Brasilia said Monday.
Brazil and the United States have recommenced discussions regarding the significant trade tariffs imposed by Washington, according to the Brazilian government. In July, the US implemented two additional sets of tariffs on Brazil, citing unfair trade practices and forced labor allegations. These tariffs range from 25 percent on certain goods to 12.5 percent on others.
The Brazilian President, Luiz Inacio Lula da Silva, who is vying for a fourth term in the upcoming October elections, has accused the US of using these tariffs as a means to influence voter preferences in his favor. Lula is contesting against Flavio Bolsonaro, the son of Brazil's former President Jair Bolsonaro, who is a staunch supporter of US President Donald Trump.
During a recent conversation with Trump, Lula argued that the tariffs' basis was fabricated. In a subsequent call on Monday with US Trade Representative Jamie Scott Greer and Brazilian Trade Minister Marcio Elias Rosa, Foreign Minister Mauro Vieira reiterated Brazil's objections to the discriminatory tariffs. However, Brazil has expressed its willingness to proceed with the talks.
This marks the second time in a span of two years that the US has levied substantial tariffs on Brazil. In the previous year, the US imposed 50 tariffs in response to a trial that resulted in Bolsonaro's imprisonment on coup-plotting charges. Those tariffs were largely overturned subsequently.
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