Brazil-US meeting canceled amid tariff dispute, says finance minister

FILE PHOTO: Brazil's Finance Minister Fernando Haddad looks on during a meeting in Brasilia, Brazil, June 3, 2025. REUTERS/Adriano Machado/File Photo

SAO PAULO (Reuters) -Brazil Finance Minister Fernando Haddad said on Monday that his virtual meeting with U.S. Treasury Secretary Scott Bessent had been canceled after initially being scheduled for Wednesday.

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.