Politics8/11/2025Bloomberg

Brazil Finance Minister Fernando Haddad Says Meeting With Scott Bessent Was Canceled

Brazil Finance Minister Fernando Haddad Says Meeting With Scott Bessent Was Canceled

Brazilian Finance Minister Fernando Haddad announced that a planned meeting with U.S. Treasury Secretary Scott Bessent has been canceled and has not yet been rescheduled. The meeting was highly anticipated, as it could have provided an opportunity for discussions on economic cooperation between the two countries. However, Haddad did not provide any further details on the reasons behind the cancelation or the potential rescheduling of the meeting. The cancellation of this high-level meeting may suggest some challenges in the economic relations between Brazil and the United States, though the specific reasons remain unclear. Haddad's statement indicates the importance placed on this meeting, and the potential impact its cancelation could have on the ongoing dialogue between the two nations.

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