Explaining Brazil

Brazilian trade: Life after Washington

Tuesday · 27 min · 26.4 MB
0:00-27:23

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The US now takes less than 10% of Brazil's exports — the smallest share in decades — and Washington's tariff wall is accelerating a realignment that was already underway.

Gustavo Ribeiro speaks with trade consultant Welber Barral, a former Brazilian foreign trade secretary (2007-11), about what the Section 301 tariffs are doing to exporters on the ground, why more than 30 rounds of talks produced nothing, and why Brasília will not sign the deal Washington handed Argentina. They also discuss Brazil's reciprocity law, the lobbying campaign to suspend US patents, and whether an election year makes retaliation more likely or less likely.