Brazil and US Set Up G20 Side Meeting on Tariff Dispute
Brazil and the U.S. are preparing for a technical meeting on the sidelines of the G20 ministerial meeting in Milwaukee to advance negotiations over tariffs imposed by the U.S. on Brazil. The expectation is that both parties will exchange documents and continue their technical discussions, but significant progress has yet to be made.
The Brazilian government has announced that a technical meeting between the Ministry of Industry, Foreign Trade and Services (MDIC) and the U.S. Department of Commerce will take place on the sidelines of the G20 ministerial meeting in Milwaukee from September 30 to October 1. The event is expected to include participation by Brazilian ministers Márcio Elias Rosa and Mauro Vieira. This meeting aims to advance negotiations over the tariffs imposed by the U.S. on Brazil, a matter that has generated concern in the international economic landscape. Both parties have agreed to exchange documents and continue technical discussions, but no significant progress has been made regarding specific sectors or the content of a potential agreement. Minister Rosa expressed optimism about reaching a political consensus, highlighting the new economic scenario and the new bases that should guide this negotiation.
Source: Valor Econômico