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Brazil's Haddad: Meeting with Bessent Canceled

Summary by Bloomberg
Brazil Finance Minister Fernando Haddad said in a local television interview that his meeting with US Treasury Secretary Scott Bessent was canceled. StoneX Financial Chief Market Strategist Kathryn Rooney Vera discusses how this changes the outlook for Brazil if a trade deal is long in the coming with the United States on “Bloomberg Markets.” (Source: Bloomberg)

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The Minister of Finance of Brazil, Fernando Haddad , reported on Monday that the meeting planned on Wednesday with the Secretary of the Treasury of the United States, Scott Bessent, has been cancelled. The meeting was going to focus on the tariffs imposed by Washington on Brazilian imports. Faced with the cancellation of that appointment, Haddad has accused the extreme right and, in particular, the deputy Eduardo Bolsonaro , for pressing for the…

·Spain
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Brazilian finance minister Fernando Haddad stated on Monday (11th) that his virtual meeting with US finance minister Scott Bessent, originally scheduled for Wednesday, had been cancelled. This was a setback for the Brazilian government, which had hoped to negotiate tariffs at the meeting after US President Donald Trump's government paid 50% tariffs on [...] The post setback: meeting between Brazil and the US cancelled for customs dispute first a…

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Globo broke the news in Brazil on Monday, August 11, 2025.
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