Brazil Urges Trade Talks with US After Trump Tariff Hike

Brazil on Wednesday urged the U.S. to respond to a trade proposal submitted in May, reaffirming its openness to a "mutually acceptable" deal after U.S. President Donald Trump announced a 50% tariff on Brazilian goods starting in August.

In a joint statement, Brazil's Foreign Affairs Ministry and the Ministry of Development said the government had sent a letter on Tuesday, reinforcing its May 16 negotiating proposal. Vice President Geraldo Alckmin noted on Monday that the May offer had gone unanswered.

"In light of the urgency of the matter...

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