# Brazil Awaits US Tariff Offer After Lula Win

> Brazil expects US tariff proposal by November after Lula wins fourth term.
- Title: Brazil Awaits US Tariff Offer After Lula Win · The Rio Times
- Summary: Brazil expects US tariff proposal by November after Lula wins fourth term. Brazil anticipates a US tariff proposal in November following Lula's fourth-term…
- Keywords: brazil, us tariffs, lula, trade minister, us trade representative, section 301, tariff duties, brazilian exports, us imports, rare earths, ethanol, brazilian agriculture
- Source: The Rio Times — https://riotimesonline.com/brazil-awaits-us-tariff-offer-after-lula-win-2026
- Author: Carlos Silva
- Published: 2026-10-26T08:21:17+00:00
- Read time: 2 min
- Topics: brazil, us tariffs, lula, trade minister, us trade representative, section 301, tariff duties, brazilian exports, us imports, rare earths, ethanol, brazilian agriculture
## Brazil Awaits US Tariff Offer
Brazil expects a written US proposal on tariffs in November after Lula won a fourth term on Sunday, 25 October.
## Tariff Details
A 25% US duty on certain Brazilian goods stacks with a 12.5% charge to reach 37.5% on some exports.
## Trade Impact
The two July measures cover 3,985 products worth US$10.8 billion in exports from Brazil.
## Export Decline
Brazil's exports to the US fell 6.5% to US$27.5 billion from January to September.
## Key Officials
Trade Minister Márcio Elias Rosa leads Brazil's talks with US Trade Representative Jamieson Greer.
## What to Watch
The US document due in November may name ethanol, big tech, or rare earths, and any cuts before Lula's 5 January 2027 inauguration.
## Trade Minister's Stance
Rosa said Brazil will not make the first offer because tariffs came from Washington, and the election stays off the table.
## US Tariff Actions
USTR imposed a 25% Section 301 tariff on certain Brazilian goods starting 22 July and a 12.5% forced-labour duty from 24 July.
## Exempt Products
Coffee, beef, orange juice, aircraft parts, and oil and gas products remain exempt from the tariffs.
## Trade Talks Progress
Lula and Trump spoke by phone on 21 August, and Brazil's foreign minister met US Trade Representative Greer in Milwaukee on 30 September.
## Brazil's Demands
Brazil wants all extra duties removed and a wider list of excluded products, including ethanol and rare earths.
## Rare Earths Deal
USA Rare Earth closed a US$2.8 billion purchase of Serra Verde's parent on 4 September, with US government funding.
## What Changed After Vote
Washington signaled willingness to reopen talks on the 37.5% duties after Lula's election win.
## What Next
The US document is due in November, and Lula takes office on 5 January 2027, with no tariff cuts announced.
## Key takeaway

Brazil anticipates a US tariff proposal in November following Lula's fourth-term victory, with duties up to 37.5% on certain exports.