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Trump and His Lies, Tax Wars: Brazil and the World Were Taxed

  Brazil's trade deficit with the United States: an unequal relationship: Despite being one of the largest economies in Latin America, Brazil maintains an unbalanced trade balance with the United States. According to data released by O Globo, in 2024 Brazil imported about $ 44 billion in American products, while Brazilian exports to the US added only $ 42 billion. That is, the country closed the year with a commercial deficit of approximately $ 2 billion.   This result puts Brazil among the few business partners that maintain an unfavorable relationship with the United States. In practical terms, it means that Brazil buys more than it can sell to the US market, something that aggravates external dependence and reduces the competitiveness of national industry.   In addition, the deficit occurs even in sectors where Brazil has export tradition, such as agribusiness and mining. Factors such as technical barriers, sanitary requirements and, especially, Trump's tariff wars...
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Brazil and China sign strategic partnership to boost infrastructure and technology

 

During a ceremony at the Great Hall of the People in Beijing on May 13, 2025, the Minister of the Civil House, Rui Costa, and the Minister of the National Development and Reform Commission of China, Zheng Shanjie, signed a memorandum of understanding that marks the first phase of a broad cooperation plan between Brazil and China. The proposal seeks to deepen bilateral relations, especially in areas such as infrastructure, technology and innovation.

The plan, consolidated after Chinese President Xi Jinping's visit to Brazil in November 2024, is aligned with strategic Brazilian programs such as the New PAC, the New Industry Plan for Brazil and the Ecological Transformation Plan. The partnership foresees the creation of bilateral forums to discuss and promote investments in sectors such as railways, subways, ports, airports and highways. China will also be able to participate in infrastructure auctions and concessions in Brazil.

According to Rui Costa, the intention is to transform these agreements into concrete benefits for the Brazilian population, such as job creation, professional training, investment attraction and technological development. The proposal also aims to encourage the installation of research and production centers by Chinese companies in Brazil, with partnerships with local institutions.

In addition to the signing ceremony, Rui Costa participated in a series of preparatory meetings in Beijing and Shanghai with Chinese authorities and representatives of companies in the health, infrastructure, technology and energy sectors. In Brazil, prior meetings with the Chinese ambassador and Chinese businesspeople reinforced the mutual interest in areas such as industrial production, shipyards, energy, artificial intelligence and public concessions.

President Lula and President Xi Jinping attended the signing of the memorandum. Both highlighted the historic importance of the initiative and the strengthening of friendship between the countries. Lula described the moment as essential for a more just and sustainable world, highlighting the role of Brazil and China in confronting unilateralism and global protectionism.

The cooperation plan covers several fronts: multimodal cargo transportation, naval industry, production of medicines and vaccines, science and technology, clean energy, high-voltage electrical transmission, environmental preservation, disaster management, professional training and smart cities.

With around 30 bilateral acts signed, the agreement represents an important step towards strengthening Brazil-China relations and signals a new cycle of economic and technological development for Brazil.

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