How China’s $285M Export Hub in Brazil Will Cost U.S. Billions | WSJ Center Point
China’s new $285 million export terminal in Brazil, being built outside of São Paolo by Chinese state agricultural giant Cofco, threatens billions of dollars in revenue for U.S. farmers. This new terminal and Trump’s recent 50% tariffs on many Brazilian goods threaten to push China and Brazil even closer together.
WSJ’s Samantha Pearson explains how this new terminal and growing ties between China and Brazil will continue to hurt U.S. farmers.
Chapters:
0:00 China’s new export terminal
0:21 China-Brazil trade
1:14 Port of Santos
2:05 Trump’s tariffs and U.S. farmers’ losses
2:58 Other Chinese projects in Brazil
4:16 What's next?
Center Point
WSJ’s Center Point highlights points of interest pivotal to trade and industry— and the economic activity transforming them.
#Brazil #China #WSJ
WSJ’s Samantha Pearson explains how this new terminal and growing ties between China and Brazil will continue to hurt U.S. farmers.
Chapters:
0:00 China’s new export terminal
0:21 China-Brazil trade
1:14 Port of Santos
2:05 Trump’s tariffs and U.S. farmers’ losses
2:58 Other Chinese projects in Brazil
4:16 What's next?
Center Point
WSJ’s Center Point highlights points of interest pivotal to trade and industry— and the economic activity transforming them.
#Brazil #China #WSJ
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