US Trade War with China Spells Opportunity for Brazil
The recent trade war initiated by the US with tariffs against several of its major trade partners has led to a reshuffling of trade alliances across the world. One of the major winners of this trade war is Brazil. The South American superpower is now the largest exporter of soybeans to China and the eastern power has been making major infrastructure investments into Brazilian agriculture, marking the development of the trade partnership between the two countries. Brazil’s agriculture industry has been experiencing tremendous growth in recent years and this growth is expected to continue under a new government which has stated its support for the agriculture industry and foreign investment.…