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Event Brief

Brazil has 30 days to negotiate Trump’s 40% tariff

Brazil and the US set a 30-day working group to negotiate a 40% tariff carve-out starting with talks on May 19.
WHO: Brazilian Minister Marcio Elias Rosa and USTR Jamieson Greer
WHAT: They began carve-out talks under a 30-day working group to negotiate Trump’s 40% tariff.
WHEN: May 25, 2026 at 4:46 AM ET
WHERE: USA
WHY: A working group was formed on May 7 to negotiate the 40% tariff within 30 days.

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