The expected conversations between Brazilian President Luiz Inacio Lula da Silva and US President Donald Trump this week during the G7 summit in Evian-les-Bains did not go in the format that analysts expected.
Sources told SteelOrbis that the two presidents had only a short and formal meeting between sessions at the summit.
However, online conversations that began last week, according to Brazilian press reports, between Brazilian Minister Marcio Elias Rosa and the U.
S. Trade Representative (USTR) Jamison Greer, continues to be among the advisers to the two presidents in Evian, according to Brazilian press reports.
The talks focused on potential 25 percent import tariffs announced last week by the U.
S. trade representative, but they did not specifically address the recent exclusion of Brazilian pig iron from the exclusion list, as indicated in the reports.
Sources from the Minas Gerais cast iron company told SteelOrbis that the U.
S. foundry sector "is likely to contribute to addressing the tariff issue as it relies on Brazilian cast iron for its quality, competitive prices, and efficient supply logistics."
