President Trump is seeking a trade agreement with Brazilian President Jair Bolsonaro, as he told the media on July 30 at the White House. The U.S. leader alluded to the good relationship he has with Bolsonaro as an aid to reducing the economic barriers that currently exist between the two nations.
President Trump, who referred to his Brazilian counterpart as “a great gentleman,” said he seeks to “work on a free trade agreement with Brazil,” adding that he considers this country a “big trading partner.” According to Reuters, Trump’s announcement came in the middle of a scheduled meeting of the U.S. secretary of commerce with business leaders in Sao Paulo, Brazil.
Both the rapprochement and economic relations between the two countries have been strengthening since Jair Bolsonaro took office in January of this year. Last year both nations exchanged more than $100 billion in goods and services and it is expected that this year will be even better for both countries.
Marcos Troyjo, Brazil’s deputy economy minister for foreign trade, told Reuters that Brazil has ambitious goals to facilitate trade and boost investment between the two countries, especially in infrastructure.
Meanwhile, U.S. Commerce Secretary Wilbur Ross said in Sao Paulo: “It’s important not to put roadblocks in the way of a U.S.-Brazil free trade agreement that inadvertently might be brought up in the transaction between Mercosur and the EU… We have issues about standards in autos, pharma, chemical, food, and a whole bunch of areas,” the official said.
Among President Trump’s remarks to journalists on Tuesday, there was also talk about the possibility that the president’s son, Eduardo Bolsonaro, will become Brazil’s next ambassador to the United States.
“I know his son. I find his son to be outstanding. He’s a brilliant wonderful young man,” President Trump said, according to The Hill.