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LatinNews Daily - 24 July 2025

In brief: Brazil seeks to boost trade with Mexico

*Brazil’s President Luiz Inácio Lula da Silva has proposed boosting ties with Mexico in a phone call yesterday with Mexico’s President Claudia Sheinbaum. According to a Brazilian government press release, Lula highlighted the importance of shoring up Brazil-Mexico trade relations amid the “uncertainties” the two countries are facing, likely a reference to the threat of US tariffs. During the call, Lula highlighted sectors such as pharmaceuticals, agriculture and livestock, ethanol and biodiesel, and the aerospace industry as potential areas to boost bilateral cooperation. A Brazilian delegation led by Vice President Geraldo Alckmin is due to travel to Mexico from 27-28 August.

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