Brazil
The Office of the United States Trade Representative will work with Congress to strengthen Brazilian trade relations Instant news
American Trade Representative Robert Lighthizer told Brazil that the United States is serious about promoting trade and economic ties between the two countries whose leaders seem to love each other.
Lighthizer, according to the USTR office, spoke last week with Brazilian Foreign Minister Ernesto Araijo “to deepen discussions” on “economic partnerships” between the two countries. The summons were a follow-up to the recent meeting between Brazilian President Jair Bolsonaro and US President Donald Trump at Mar Alago Resort in Florida in early March. After the second meeting between the leaders, the Brazilian Trade and Investment Promotion Council, also known as ApexBrasil, released a 36-page report on why the two countries should unite under the FTA. The White House did not specifically mention the possibility of a free trade agreement, but praised the possibility of a “bilateral trade package” this year.
The Office of the United States Trade Representative stressed last week after a phone call that the agency “will consult with Congress in the coming weeks to obtain guidance on how best to expand trade and develop our economic ties.” Brazil is a major importer of wheat, ethanol and US farm equipment On January 1, Brazil opened a tariff quota of 750,000 metric tons pledged to wheat outside Mercosur’s trading partners and is expected to benefit most of the US exporters.
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