US/Brazil bilateral trade in 2020, the lowest in eleven years

Monday, October 19th 2020 - 09:03 UTC

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The American Chamber of Commerce in Brazil, (AmCham Brasil) released the ‘Brazil-United States Trade Monitor’, which pointed out that bilateral trade in 2020 between Brazil and the United States until September registered the worst result of the last 11 years. Read full article

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Brasileiro
I had said that before. Brazil and USA are not complementary economies. The two countries compete with the same products on the international market. And when USA entered into a strategic partnership with China, it took the wealth to the other side of the planet. USA has abandoned South America and is paying the highest price a country can pay: cruel and absolute decay.
Oct 19th, 2020 - 01:13 pm - Link - Report abuse -1
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FortHay
A shame really, but the potential for large scale bilateral trade has bee undermined on both sides. As an example one one side, the automotive industry could compete very well with other imports to the US, but the predatory tax policies in Brazil keep these products from earning trade revenue. On the other side, US 'environmental and food safety' mandates are used as a tool to choke off agricultural exports to the US in favor of established contractors; a lesson I learned in NE Brazil where large scale fruit production is entirely sold to the EU, whereas the operators would dearly love to enter the US market.
Oct 19th, 2020 - 04:13 pm - Link - Report abuse +1
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