{"id":95342,"date":"2025-08-11T15:48:26","date_gmt":"2025-08-11T18:48:26","guid":{"rendered":"https:\/\/murray.adv.br\/?p=95342"},"modified":"2025-08-11T15:48:49","modified_gmt":"2025-08-11T18:48:49","slug":"lula-bets-on-u-s-treasury-secretary-to-help-reverse-tariffs","status":"publish","type":"post","link":"https:\/\/murray.adv.br\/en\/lula-bets-on-u-s-treasury-secretary-to-help-reverse-tariffs\/","title":{"rendered":"Lula bets on U.S. Treasury secretary to help reverse tariffs"},"content":{"rendered":"
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Brazil pins hopes on Scott Bessent\u2019s ties to Donald Trump to ease trade dispute<\/strong><\/em><\/h6>\n<\/div>\n<\/div>\n
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08\/11\/2025<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n

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After failed attempts to negotiate with various members of the U.S. government, President Luiz Lula\u2019s administration has singled out Treasury Secretary Scott Bessent as one of the few figures capable of persuading U.S. President Donald Trump to back down on the new tariff hike. Officials believe Mr. Bessent is among the few persons with whom the Lula government has managed to build a working dialogue and who also has Mr. Trump\u2019s ear. The hope is that he can carry President Lula\u2019s proposals directly to the White House.<\/p>\n<\/div>\n

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In the coming days, Mr. Bessent is expected to speak by phone with Finance Minister Fernando Haddad. The renewed contact is one of the Brazilian government\u2019s last hopes for resolving the trade dispute.<\/p>\n<\/div>\n

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In May, Mr. Haddad met Mr. Bessent in Los Angeles, but that meeting took place before Trump announced a 50% tariff on Brazilian goods. This week\u2019s conversation will take place with the tax already in effect. According to Lula administration officials, Mr. Haddad will focus on the trade issue and attempt to keep politics out of the discussion.<\/p>\n<\/div>\n

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Even so, while Mr. Bessent is seen as the best hope for getting Brazil\u2019s counterproposals onto the president\u2019s desk, President Lula\u2019s aides have been warned that the Treasury secretary does not \u201cbuy into every battle\u201d that comes his way, raising doubts about whether he will be willing to engage on the 50% tariff.<\/p>\n<\/div>\n

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\u201cThe adult in the room who has the best chance of resolving this is Bessent. He\u2019s the guy for this kind of thing\u2014but he picks his battles,\u201d said one source familiar with the talks. Behind the scenes, the Workers\u2019 Party government acknowledges the negotiations are tough and that Brazilian officials need to \u201ckeep a cool head\u201d in the debate. \u201cThe negotiation won\u2019t happen on the schedule people expect,\u201d the source added.<\/p>\n<\/div>\n

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The focus on Mr. Bessent emerged after Lula\u2019s government sought out several other Trump administration figures for discussions on Brazilian exports. Most of those envoys, however, proved unable to advance Brazil\u2019s case \u2014 and, informally, some admitted they did not have the authority to negotiate such an impasse.<\/p>\n<\/div>\n

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In recent weeks, Brazilian officials have spoken, for instance, with U.S. Secretary of State Marco Rubio and Commerce Secretary Howard Lutnick. Valor has learned that Mr. Rubio agreed on the importance of maintaining open channels of dialogue, noting the 200 years of diplomatic relations between Brazil and the United States. Nevertheless, none of these conversations resulted in a concrete avenue for talks, frustrating the Brazilian side.<\/p>\n<\/div>\n

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Veteran diplomats at Brazil\u2019s Foreign Ministry say the complexity of the situation has much to do with Trump\u2019s management style. A case in point is the recent dismissal of U.S. Labor Department chief Erika McEntarfer, who was fired after the release of July\u2019s payroll report showed far fewer jobs created than expected.<\/p>\n<\/div>\n

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According to sources, such episodes help explain the \u201cdefensive\u201d posture U.S. officials have adopted in talks with Brazil so far.<\/p>\n<\/div>\n

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\u201cAs long as Trump doesn\u2019t move the pieces on the chessboard, his officials will keep playing defense and holding the line. If any of them step out of line, their career is over. It\u2019s no coincidence he fired the Labor Department official,\u201d one source said.<\/p>\n

*By\u00a0Renan Truffi\u00a0and\u00a0Sofia Aguiar\u00a0\u2014 Bras\u00edlia<\/p>\n

Source: Valor International<\/p>\n

https:\/\/valorinternational.globo.com\/<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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