"All work is being done" in negotiation to suspend US tariff hike, says Alckmin

Published 2025년 10월 31일

Tridge summary

The vice president of the Republic and minister of Development, Industry, Trade and Services, Geraldo Alckmin, said on this Friday, 31, that the federal government continues to work towards the temporary suspension of the extra tariff of 40% applied by the United States to Brazilian products in addition to the 10% that had already been established.

"All work is being done to suspend these 40% [in tariffs] while negotiating," said Alckmin after participating in a ceremony for the delivery of houses from the Minha Casa, Minha Vida program in Bauru, in the interior of São Paulo.

"I would say that [the negotiation] has advanced a lot. President Lula met with President Trump in New York at the UN meeting and was recently in Malaysia at the Asean meeting, I think we will have good developments to be able to advance further," the vice president added.

Asked if there is a forecast for a new conversation between Brazilian and American authorities, he replied: "There is no date set, but I think we will advance quickly".

Original content

The Vice President of the Republic and Minister of Development, Industry, Trade, and Services, Geraldo Alckmin, said this Friday, the 31st, that the federal government continues to work towards the temporary suspension of the extra 40% tariff applied by the United States to Brazilian products in addition to the 10% that had already been established. "All work is being done to suspend these 40% [in tariffs] while negotiating," affirmed Alckmin after participating in a ceremony for the delivery of houses from the Minha Casa, Minha Vida program in Bauru, in the interior of São Paulo. "I would say that [the negotiation] has advanced a lot. President Lula met with President Trump in New York at the UN meeting and was recently in Malaysia at the Asean meeting; I think we will have good developments to advance further," the Vice President added. Asked if there is a forecast for a new conversation between Brazilian and American authorities, he responded: "There is no date set, but I think ...
Source: Broadcast

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