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LatinNews Daily - 17 June 2026

In brief: Brazil’s Lula announces mechanism to resolve EU trade tensions

*Brazil’s President Luiz Inácio Lula da Silva has defined a bilateral mechanism with leaders of the European Union (EU) to discuss trade concerns. According to a Brazilian government statement, Lula met with the president of the European Commission, Ursula von der Leyen, and the president of the European Council, António Costa, on the sidelines of the G7 summit in France and discussed “topics on the bilateral agenda, particularly the restrictive measures on Brazilian products recently adopted by the European side”. They agreed to set up a mechanism between Brazil’s foreign ministry and European Commission officials to “identify difficulties, both in the area of animal products as well as steel products”. This referred to recent decisions by the EU that could hinder trade, such as a new regulation to take effect from 1 July  which lowers steel import quotas, as well as an EU announcement in mid-May that Brazilian meat imports will be banned from 3 September due to non-compliance with EU food safety rules regarding the use of antimicrobials.

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