Politics · Brazil · 3 hrs ago

Brazil expects US proposal on tariffs by next week

Brazil expects US proposal on tariffs by next week

Brazil expects the United States to send a draft tariff deal by next week, Development Minister Márcio Elias Rosa said.

The proposal would identify sectors where the US wants Brazil to consider reducing tariffs, and Brazil would then make its own offers.

The terms have not been disclosed, and the two sides have held informal talks while US officials work on the draft.

The dispute began after the US imposed tariffs of up to 37.5% on Brazilian goods in 2025; Brazil has challenged the legal basis for the measures.

Brazil also took the dispute to the World Trade Organization, where it has yet to make progress.

Brazilian exports to the US fell 6.5% in January through September 2026 compared with the same period a year earlier.

Brazil will respond after receiving the US proposal, but the sources do not say when a deal might be reached.

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What people are saying

Márcio Elias RosaBrazil's development minister
I imagine that from this week or the next Brazil should receive the document from the US.
via Estadão
There is no advance knowledge of the substance of the content yet.
via Estadão
No, nothing, it changes absolutely nothing.
via Estadão