While Vice President Geraldo Alckmin said on Monday that the government has set up a working group to discuss the US tariffs with business leaders. The first meeting will take place Tuesday morning, followed by another session later in the day with agribusiness leaders.

The U.S. has opened a formal investigation into Brazils trade practices, escalating tensions after President Donald Trump threatened to impose a 50% tariff on Brazilian imports starting August 1. U.S.

Approval for Brazil's President Lula increased to 43% following a new poll amid tariffs announced by Donald Trump. The poll shows 66% awareness of the tariff decision, with 72% opposing it as a response to Bolsonaro's trials.