Flavio Bolsonaro: Furthermore, I made the direct request... that the United States not tax Brazilian companies, which are already absurdly taxed by the Lula government; Brazilian entrepreneurs are already suffocated by so many taxes, bureaucracy, and persecution, they are even leaving Brazil.
Flavio Bolsonaro: So I explained that it would not be fair to tax them even more.
I stressed that the United States would no longer need to use tariff policy to negotiate with Brazil.
Flavio Bolsonaro: Because starting in January 2027, Brazil will have a President of the Republic who will sit down to negotiate on equal terms.
Flavio Bolsonaro: We will reach an agreement that is good for both nations.