LatinNews Daily - 25 July 2025

*Brazil’s Vice President Geraldo Alckmin, who also serves as the minister for development, industry, trade, and services, has affirmed the commitment of the Brazilian government to reach a tariff deal with the US. Alckmin said at a press conference yesterday that he spoke with US Secretary of Commerce Howard Lutnick on 19 July and described the conversation as “fruitful”. Since US President Donald Trump threatened to impose 50% tariffs on Brazil from 1 August onwards, the Brazilian government has appeared to adopt a two-pronged strategy of portraying Trump as a bully whose tariffs are a threat to the national interest, while also depicting Brazil as a reasonable and cooperative actor willing to agree on a negotiated solution. Yesterday, while Alckmin was signalling to the media that there was hope for a tariff deal, President Luiz Inácio Lula da Silva gave a speech at an event in Minas Gerais state in which he said that Brazil was willing to negotiate, but Trump “doesn’t want to talk”, adding that “if he wanted to talk, he would pick up the phone and call me”.

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