- Brazilian and US trade negotiators plan an in-person meeting on the sidelines of the G20 industry and trade ministers' gathering in Milwaukee on September 30 and October 1.
- Two separate US tariffs — 25% and 12.5% — are currently on the table, but they followed an earlier, larger 50% tariff that a US court has already blocked, though the White House quietly kept its legal groundwork alive.
- The talks land just four days before Brazilians vote in a presidential first round pitting Lula against Flávio Bolsonaro, with a regional oil boom adding a new layer of leverage to the dispute.
