The meeting aims to prevent new tariffs on Brazilian goods, following previous tariffs imposed by Donald Trump and ongoing concerns about potential new levies.
A key focus for the U.S. is securing a critical minerals supply chain from Brazil, though a concrete deal is not expected due to differing approaches to domestic processing and market influence.
Brazil is actively opposing White House efforts to designate Latin American gangs as terrorist groups, fearing potential U.S. intervention or sanctions on its financial system.
Despite significant disagreements, both leaders have an incentive to demonstrate cooperation, suggesting that even a loose framework for agreements could be considered a success.