Canceled conversation between Haddad and Bessent would try to open doors

by Andrea
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There was no forecast of significant advances in the conversation about the tariff between the Finance Minister, with the United States Treasury Secretary, which should take place on Wednesday (13). But experts heard by Infomoney believed that telephone contact could be an initial step towards a face -to -face conversation and would serve to open a communication channel with the United States, which is interrupted.

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For Otaviano Canuto, who was vice president at the World Bank and executive director at the IMF, and is now a researcher at the Policy Center for the New South and Brookings Institution, the meeting should not bring immediate results, but could open doors to a new negotiation agenda.

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Canceled conversation between Haddad and Bessent would try to open doors

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He said he did not expect great immediate results, because Bessent would probably say the trade policy agenda is run by the White House. However, there would be a chance to appear a possible negotiation agenda, different from that so far explicit by Trump.

Sectors press for advances

At the end of July, US President Donald Trump for products imported from Brazil, although with one. However, important Brazilian export sectors, such as coffee, fruits and meat, were left out. These sectors press the government and its American peers to reach a deal for different rates.

Marcos Matos, Director-General of the Brazilian Coffee Exporters Council (Cecafe), expected the speech of Haddad and Bessent to evolve for a negotiation in which coffee will be included in the exemption list.

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“The bilateral relationship is the basis for several other products, including coffee, has conditions similar to those of other countries,” says Matos. “This negotiation is the foundation for expanding the exception list, so it is so important to establish dialogue and an environment for bilateral negotiation focused on the economy and sense of urgency. Our expectation is that coffee can be included in a list of exemptions,” he argues.

Brazil is the largest global coffee producer and is the only country capable of meeting the growing demand in the US, according to Cecafe.

According to the Brazilian Association of Soluble Coffee Industry (Abics), the 50% rate places Brazil in a “”.

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“While Mexico, our main competitor, will be able to market without tariffs and other suppliers will face rates of 10% to at most 27%, Brazilian soluble coffee will be the most penalized,” compares Aguinaldo Lima, executive director of ABICS.

Conversation was not on the official agenda

The speech between the two representatives of the governments was not present on the minister’s official agenda, released on the Ministry of Finance’s website. Prior to cancellation, the report contacted the folder to ask about the meeting, but had not obtained a return until early afternoon. However, last week, Haddad said last week that he had received an e-mail from Americans confirmed day and time.

“I have a meeting scheduled next week, now with date and time already fixed, with Secretary Scott Bessent. It will be on Wednesday, we already received the email confirming day and time,” said Haddad. “[A reunião será] Remote, obviously, depending on the quality of the conversation, it can unfold in a face -to -face working meeting, there with the mood already oriented towards an understanding between the two countries, ”

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