Brazilian official: U.S., Brazil to announce initial trade package this month

A limited agreement on trade facilitation, good regulatory practices and anticorruption has reached the legal scrub phase, according to a key Brazilian trade official, teeing up an announcement later this month. Yana Dumaresq, assistant deputy minister for foreign trade and international affairs with Brazil’s Ministry of Economy, on Monday said, “we hope to have an announcement very soon.” After receiving instructions from President Trump and Brazilian President Jair Bolsonaro in March to intensify the bilateral relationship, the countries’ trade teams...