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News|PoliticsBrazil on the cusp of US trade deal: LulaBrazilian president expects ‘definitive solution’ in the coming days over tariffs raised by US over Bolsonaro jailing.

A potential trade agreement between Brazil and the United States may be finalized shortly, as indicated by Brazilian President Luiz Inacio Lula da Silva.

MBy Mark JensenOct 27, 20251 min read

A potential trade agreement between Brazil and the United States may be finalized shortly, as indicated by Brazilian President Luiz Inacio Lula da Silva.

President Lula made this announcement in Kuala Lumpur following discussions with US President Donald Trump. Lula has been negotiating a deal since July, when the US imposed a 50 percent tariff on Brazilian exports.

During their meeting at the Association of Southeast Asian Nations (ASEAN) summit, Lula stated that Trump assured him of a possible agreement. "He guaranteed to me that we will reach an agreement," Lula reported at a press conference.

President Trump, en route to Japan, also indicated optimism about a potential agreement, saying, "We'll see what happens."

A potential trade agreement between Brazil and the United States may be finalized shortly, as indicated by Brazilian President Luiz Inacio Lula da Silva.
Mark Jensen · Thehackingpost

The US administration initiated the 50 percent tariff on Brazilian products in July, citing reasons related to legal proceedings involving former President Jair Bolsonaro. Lula presented President Trump with a document arguing against the tariff increase, which he described as based on "mistaken information."

Although President Trump did not commit to reversing the tariff, he reportedly did not impose any new conditions.

Brazil's Foreign Minister Mauro Vieira described the discussions as "very positive" and "very productive." He noted that President Trump agreed to start bilateral negotiations.

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President Lula has criticized the US tariffs, citing a significant trade surplus with Brazil over the past 15 years. He also mentioned that the legal issues concerning Bolsonaro, who was sentenced for a coup attempt, should not influence trade talks.

Based on reporting by Al Jazeera.

AI transparency. This article was produced with the assistance of artificial intelligence and published under human editorial oversight. AI systems can make mistakes. Read how we use AI (EU AI Act, Art. 50).
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