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Brazil, U.S.: Bolsonaro's Hunger for a U.S. Trade Deal Will Be Hard to Satiate

MIN READMar 18, 2019 | 20:29 GMT

(Stratfor)

Brazilian President Jair Bolsonaro arrived March 17 in Washington for a three-day visit. Discussions between the White House and Brazil's new government over ways to address Brazil's dependence on China as an agricultural export market and its role as a destination for Chinese foreign direct investment add significance to the visit. About 27 percent of all Brazilian exports -- mostly agricultural products and mineral resources -- are sent to China. Some U.S. foreign policy advisers, such as Steve Bannon, former chief strategist for U.S. President Donald Trump, apparently perceive a strategic vulnerability for Brazil in its dependence on China as an agricultural export market. Brazilian Foreign Minister Ernesto Araujo has echoed similar views, in the past criticizing Brazil's dependence on iron ore exports to China. Bolsonaro, for his part, previously criticized Chinese investments in Brazil's mineral resources and its electricity sector as giving Beijing too much influence over the South...

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