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US and Brazil accelerate negotiations to conclude interim trade agreement ‘this month’

deercreekfoundation November 14, 2025
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US and Brazil accelerate negotiations to conclude interim trade agreement ‘this month’

united states of america and Brazil Brazil’s foreign minister said this month that the two countries were working towards an interim agreement aimed at opening up bilateral relations. Mauro Vieiraafter meeting with the U.S. Secretary of State. marco rubioin Washington.

The meeting, held less than 48 hours after another non-G7 meeting in Canada, took place in a context marked by negotiations over tariffs imposed by the U.S. government on Brazilian goods.

Mr. Vieira reported Mr. Rubio as follows. “We reconfirmed what was already proposed at the technical meeting.”including the possibility of drawing conclusions “Temporary contract at the end of this month or early next month”.

According to Brazil’s Foreign Minister, the preliminary agreement establishes a roadmap for a nearly two- to three-month negotiation process, the ultimate goal of which will be a comprehensive resolution of all outstanding issues between the two countries.

The Brazilian minister said the US government’s position was an expression of interest. “Importantly, this is an expression of the interest of the U.S. government and the Secretary of State in resolving all outstanding issues in our relationship with Brazil.”he said to reporters in Washington.

In a short State Department statement, both officials said: “We discussed mutual frameworks for commercial relations.”. The official document did not include any additional details on technological progress, but confirmed the continuity of the dialogue that began at the G7 ministerial meeting in Canada.

Mr. Vieira reported that Mr. Rubio
Vieira reported that Rubio “reaffirmed what was already proposed at the technical meeting,” including the possibility of a “tentative agreement at the end of this month or early next month.” (Reuters)

Bilateral relations have experienced tension since the US president’s decision donald trump impose a tariff on 50% It accounts for the majority of Brazil’s exports and the highest share of world trade.

The measure arose after the trial against the former Brazilian president Jair BolsonaroTrump’s political ally, sentenced to 27 years in prison. One of the most affected sectors was coffee, whose value recorded an increase of $1 million compared to the previous year. twenty one% On the US market in August.

Secretary of the Treasury; scott bessentannounced Wednesday. “Soon” advertisement “substantive” Details regarding the scope of the decision were not disclosed, although it relates to coffee and banana prices.

The two governments have exchanged proposals in recent weeks. Vieira said it was now up to the United States to issue a formal response to the latest proposal. This Thursday’s meeting sought to accelerate this process and establish a political framework that would provide predictability to the productive sectors of both economies.

Rubio confirmed the bilateral dialogue through his official account. ×where he said he spoke with Vieira about: “Matters of Mutual Importance and Mutual Framework of Commercial Relations”.

treasury secretary scott
Treasury Secretary Scott Bessent said on Wednesday that “substantive” announcements related to coffee and banana prices would be made “soon”, but gave no details on the scope of the decision (Reuters)

The State Department added that the meeting served as a follow-up to President Trump’s contact with Brazil’s president. Luiz Inacio Lula da Silva during the summit ASEAN.

Brazilian officials have indicated that their immediate priority is to lift the 50% tariff applied by the US government, a central demand of Brasilia on the bilateral agenda.

(With information from AFP and EFE)

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