U.S. and Brazil Begin Tariff Negotiations After the May 7 Summit

Brazil · Trade & Diplomacy

Key Facts

—The first formal follow-up. US Trade Representative Jamieson Greer held a virtual meeting on May 19 with Brazil’s industry and trade minister, Marcio Elias Rosa, the first formal session of the working group set up at the May 7 summit.

—A finance-track meeting in Paris. Finance Minister Dario Durigan met US Treasury Secretary Scott Bessent on the sidelines of the G7 in Paris the same day, advancing the bilateral trade agenda.

—The 30-day deadline holds. Durigan said Bessent asked whether Brazil remained confident in the 30-day timeline set by both presidents, and that he confirmed it; the window runs to around June 6.