Brazilian President Luiz Inácio Lula da Silva called US President Donald Trump to push for faster negotiations to reduce tariffs affecting Brazilian exporters. During this 40-minute conversation both sides described as productive, Lula thanked Trump for rolling back 40% supplemental tariffs on several agricultural products, bringing the rate down to 10%. Brazil, the world’s largest exporter of soybeans, coffee, and sugar, still faces that 10% tariff rate, which producers say remains harmful to their competitiveness. New 25% tariffs were introduced in July 2026 on many Brazilian imports, indicating the overall trajectory has been toward more friction rather than less.
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