Brazil-US meeting canceled amid tariff dispute, says finance minister
That was a setback for the Brazilian government, which had hoped to use the meeting to negotiate tariffs after U.S. President Donald Trump's administration imposed 50% duties on several Brazilian goods.
Speaking to GloboNews TV, Haddad said no new date had been set for the call, despite Brazil's request to reschedule it following the cancellation notice.
The minister lamented that Brazil was not even able to sit at the table to negotiate tariffs with the United States and criticized what he called "pseudo-Brazilians" in Washington lobbying against their own country.
The tariff hike was linked by the Trump administration to the trial of his right-wing ally, former President Jair Bolsonaro, who is facing charges over an alleged coup attempt following his 2022 electoral defeat.
Congressman Eduardo Bolsonaro, Bolsonaro's son, has been in the U.S. since March, campaigning for sanctions against those responsible for the judicial proceedings.
Haddad said Brazil will need to explore other markets more aggressively, highlighting Southeast Asia as a promising region and calling for urgent progress on a trade deal between South American bloc Mercosur and the European Union.
The minister also said the government will soon issue an executive order to address the impact of higher U.S. tariffs.
The package will include structural reforms to Brazil's export guarantee mechanisms through the Export Guarantee Fund (FGE).
According to Haddad, the order will also support certain government purchases and credit measures, forming a multi-pronged response as there is no single solution for the roughly 10,000 companies affected.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Reuters
an hour ago
- Reuters
Mexico, under pressure from Trump, transfers 26 more cartel members to US
MEXICO CITY, Aug 12 (Reuters) - Mexico sent more than two dozen suspected cartel members to the U.S. on Tuesday, amid rising pressure from President Donald Trump on Mexico to dismantle the country's powerful drug organizations. Authorities shipped 26 prisoners wanted in the U.S. for ties to drug-trafficking groups, Mexico's attorney general's office and security ministry said in a joint statement. Mexico said the U.S. Department of Justice had requested their extradition and that it would not seek the death penalty for the accused cartel members. The transfer is the second of its kind this year. In February, Mexican authorities sent 29 alleged cartel leaders to the U.S., sparking a debate about the political and legal grounds for such a move. That Mexican President Claudia Sheinbaum permitted yet another large-scale extradition of Mexican nationals underscores the balancing act she faces as she seeks to appease Trump while also avoiding unilateral U.S. military action in Mexico. In a statement, the U.S. Embassy said among those extradited were key figures in the Jalisco New Generation Cartel and the Sinaloa Cartel, which are Mexico's two dominant organized crime groups. 'This transfer is yet another example of what is possible when two governments unite against violence and impunity," U.S. Ambassador to Mexico Ronald Johnson said in a statement. "These fugitives will now face justice in American courts, and the citizens of both our nations will be safer.' Trump has tied tariffs on Mexico to the deadly fentanyl trade, claiming the country hasn't tackled drug cartels aggressively enough. Last week, he directed the Pentagon to prepare operations against Mexican drug gangs that have been designated global terrorist organizations. Sheinbaum has said the U.S. and Mexico are nearing a security agreement to expand cooperation in the fight against cartels. But she has flatly rejected suggestions by the Trump administration that it could carry out unilateral military operations in Mexico.
Reuters
an hour ago
- Reuters
California says Trump sent military to 'silence' LA protests
Aug 12 (Reuters) - The U.S. government's unprecedented use of National Guard troops in Los Angeles to protect officers carrying out President Donald Trump's immigration crackdown was illegal and should be ended, a lawyer for the state of California told a federal judge on Tuesday. The lawyer said evidence presented from the landmark trial that began on Monday showed that soldiers had violated a 19th century law that bars the military from civilian law enforcement. 'The government wanted a show of military force so great that any opposition to their agenda was silenced," said the lawyer, Meghan Strong of the California Attorney General's Office. Justice Department attorney Eric Hamilton countered that there was "substantial violence" in Los Angeles meriting military intervention and that the troops were only there to protect federal agents and property. Trump ordered 700 Marines and 4,000 National Guard troops to Los Angeles in June in response to days of unrest and protests sparked by mass immigration raids. California's Democratic governor, Gavin Newsom, opposed the move and sued, alleging it violated prohibitions on the use of the military in law enforcement. U.S. District Judge Charles Breyer in San Francisco will determine whether the government violated the Posse Comitatus Act (PCA). Breyer will also hear arguments on Wednesday on Newsom's legal right to bring the case. The judge has not said when he will rule. The trial comes as Trump said he was taking the extraordinary step of deploying the National Guard to fight crime in Washington and suggested he might take similar actions in other American cities. In the California trial, the administration sought to prove that the military was only used to protect federal personnel or federal property, which the administration said are permissible exceptions to the PCA. California, meanwhile, sought to convince Breyer that troops crossed the line by setting up roadblocks, diverting traffic and making arrests, which Strong described as prohibited policing actions. Government witnesses testified that although those actions are generally prohibited, there are exceptions when federal agents or property are in danger. Breyer appeared skeptical at times of the government's assertion that Trump had sole discretion to decide when troops were needed. The president said in June the protests amounted to a rebellion against federal authority. "Is it a 'rebellion' because the president says it is a 'rebellion'?" Breyer asked Hamilton during the government's closing argument. Many of the troops have been withdrawn from Los Angeles, but California Attorney General Rob Bonta said on Monday that 300 National Guard members are still going on immigration raids and restricting civilian movements in the state. The trial before Breyer will have limited impact on Trump's plan to deploy hundreds of National Guard troops to Washington.
The Guardian
an hour ago
- The Guardian
In the time of tariffs, Nvidia and AMD cut unusual deals with Trump
Hello, and welcome to TechScape. My Spotify playlists are undergoing a British invasion this week. Here's what I'm listening to: PinkPantheress, Lola Young and Evita in London. Donald Trump announced this week that two US chipmakers would tithe 15% of their revenue from sales in China to the US government. Paying for the license to sell to Chinese customers represents an unprecedented deal. My colleague Helen Davidson reports from Taipei: The chipmakers Nvidia and AMD have agreed to give the US government 15% of their revenue from advanced chips sold to China in return for export licences to the key market. The arrangement will lead to Nvidia giving 15% of its revenue from Chinese sales of its H20 chips, and AMD giving 15% of revenue from Chinese sales of its MI308 chips, according to reports citing US officials. The H20 and MI308 chips were banned from sale to China in April, despite the lower-powered H20 being designed specifically to abide by restrictions introduced by the Biden administration. Nvidia's CEO Jensen Huang, head of the most valuable company in the world at $4.44tn, has been lobbying the White House for months to open up sales in China, where the US still prohibits sales of Nvidia's most advanced chips over national security concerns. In July, Trump relaxed some restrictions imposed by Joe Biden's administration. The deal with Nvidia and AMD seems as much about personally appealing to Trump as it does about generating revenue for the US government. The agreement has all the trappings of Trump entering into business with the chipmakers. In a way, it's a version of a playbook other major tech companies have been trying out as Trump is dramatically changing the international business landscape. Apple announced a $100bn investment commitment in US manufacturing. CEO Tim Cook, who had made the journey to the White House himself, presented Trump with a glass trophy (including 24 karat gold base) designating the president a graduate of the Apple Manufacturing Academy, launched in Michigan the week prior. During his meeting with Cook, Trump said he would levy a 100% tariff on semiconductor chips, which could set both Apple and Nvidia back billions. However, the president said: 'If you're building in the United States of America, there's no charge.' Both Nvidia and Apple are likely to be exempted from the tariffs. Each appears to have paid for the privilege – Apple with its domestic investment, Nvidia with its revenue-sharing agreement. OpenAI launched the new version of the artificial intelligence that underpins ChatGPT last week. There are quite a few aspects of the release to consider to understand it fully – what the company is saying, where the AI race between tech giants stands, the model's new capabilities and pitfalls, the environmental impact – so I've rounded up the Guardian's coverage of GPT-5 below. OpenAI said GPT-5 has marked improved coding and writing capabilities over its predecessor. My colleague Dan Milmo reports: OpenAI has claimed to have taken a 'significant step' towards artificial general intelligence (AGI) with the launch of its latest upgrade to ChatGPT, but has admitted there are still 'many things' missing in its quest to create a system able to do humans' jobs. Sam Altman, OpenAI's chief executive, called the model a 'significant step forward' to achieving the theoretical state of AGI, which the startup defines as a highly autonomous system that outperforms humans at most economically valuable work – or, in other words, can do their jobs. Read the full story on the unveiling of GPT-5: OpenAI says latest ChatGPT upgrade is big step forward but still can't do humans' jobs The race towards artificial general intelligence is running hot, with tech giants pouring hundreds of billions of dollars into the technology, but like OpenAI, Google and Meta acknowledge they have not reached that goal yet. Dan Milmo and Dara Kerr report: '[It is] missing something quite important, many things quite important,' said Altman, such as the model's inability to 'continuously learn' even after its launch. In other words, these systems are impressive but they have yet to crack the autonomy that would allow them to do a full-time job. Last month, Mark Zuckerberg, chief executive of Facebook parent Meta, said development of superintelligence – another theoretical state of AI where a system far exceeds human cognitive abilities – is 'now in sight'. Google's AI unit on Tuesday outlined its next step to AGI by announcing an unreleased model that trains AIs to interact with a convincing simulation of the real world. Read the full story: 'It's missing something': AGI, superintelligence and a race for the future Sign up to TechScape A weekly dive in to how technology is shaping our lives after newsletter promotion How we know OpenAI's new model is not an omniscient presence that will lord over all humanity: GPT-5 is making some goofy mistakes. It struggles with maps in a way a 10-year-old might. Per my colleague Josh Taylor: when Guardian Australia asked the latest model of ChatGPT to identify the number of Rs in Australia's states and territories, it could identify those which did. But the AI also believed Northern Territory had just three Rs not five. When asked to produce it on a map, spelled the territory as 'Northan Territor'. Read the full story: OpenAI unveils ChatGPT-5 and its hyped 'PhD level' intelligence struggled with basic spelling and geography GPT-5 is a more powerful model than its predecessor, meaning it will consume more resources to answer each query. Here's what experts told Aisha Kehoe Down: 'A more complex model like GPT-5 consumes more power both during training and during inference. It's also targeted at long thinking … I can safely say that it's going to consume a lot more power than GPT-4,' said Rakesh Kumar, a professor at the University of Illinois, currently working on the energy consumption of computation and AI models. Given recent reports that ChatGPT handles 2.5bn requests a day, the total consumption of GPT-5 could reach the daily electricity demand of 1.5m US homes. Read the full story: OpenAI will not disclose GPT-5's energy use. It could be higher than past models Surprise: AOL, formerly known as America Online, was still offering dial-up internet service in 2025. My colleague Edward Helmore reports: The hisses, pings and screeches that introduced millions of Americans to the nascent online world are to be formally retired when AOL's dial-up internet shuts down in late September. At its peak in the late 1990s and early 2000s, AOL had over 23 million subscribers in the US, making it the dominant internet service provider at the time. Currently, only a small fraction of US households – about 175,000 – still rely on dial-up for internet access and web browser platforms. In 2013, Pew Research found that just 3% of American households used dial-up internet. The 2025 figure represents less than 0.5% of the current population. What once seemed ubiquitous in the US and UK is now a relic and only a partially important piece of the history of the internet. Many parts of the world that are now online never experienced – perhaps endured might be the more apt word – dial-up internet. They jumped straight to broadband, wifi or the mobile internet, a phenomenon known as technological leapfrogging. If you're feeling nostalgic for the early days of the internet, though, you can listen to the classic, grating sound of dialing into the web via Wikipedia's page on the subject. TikTok to replace trust and safety team in Germany with AI and outsourced labor Companies aiding Trump's immigration crackdown see 'extraordinary' revenues Staff at UK's top AI institute complain to watchdog about its internal culture Social media accounts of Palestinians desperate for funds are being flagged as spam 'A million calls an hour': Israel relying on Microsoft cloud for expansive surveillance of Palestinians
