Why Brazil and the U.S. Need to Reduce Dependence on Chinese Imports?

Written by Valdemar Medeiros

Published on 21/10/2020 at 10:41

Ilustração: China como maior importador

Be the first to react!

The U.S. Secretary of State, Mike Pompeo, Warned on Monday That the United States and Brazil Need to Reduce Their Dependence on Imports from China for Their Own Security.

In a virtual summit on increasing Brazil-U.S. cooperation aimed at post-pandemic recovery, Pompeo highlighted the importance of expanding bilateral economic ties, given what he called an “enormous risk” stemming from the significant participation of Communist China in their import economies.

U.S. and Brazil Must Reduce Dependence on China

“As we can find ways to increase the import trade between our two countries, we can (…) reduce each of our two nations’ dependence on critical items” coming from China, he said.

“Each of our two peoples will be safer in the import market, and each of our two nations will be much more prosperous, whether it’s two, five, or ten years from now,” he added. The Trump administration is working to strengthen ties with Brazil and provide a counterweight to the global ambitions of the Chinese Communist Party (CCP).

ARTICLE CONTINUES BELOW

Largest Trade Partner for Iron Ore

Delegates from both countries (U.S. and Brazil) also met to sign a new agreement to increase rule-based import opportunities. Brazil’s conservative president, Jair Bolsonaro, is eager to follow suit, given the national security risks posed by the CCP. Currently, China is Brazil’s largest trading partner, mainly for soybeans and iron ore.

Could Bolsonaro Ban 5G in Brazil?

Bolsonaro has yet to ban Brazilian telecommunications companies from buying 5G equipment from Huawei Technologies Co. Ltd. in China, as more countries are doing after alarms were raised about network security, given the CCP’s control over all registered companies in China.

@klonkitchen: Huawei is "closely aligned with Beijing and required by law to quote 'support, assist, and cooperate with national intelligence efforts.' There's no out. There's no alternative. There's no pass…Chinese gov't also can *legally* hack into any Chinese co. they want." pic.twitter.com/rm10S36HSn

— Jeff M. Smith (@Cold_Peace_) April 2, 2019

At the summit organized by the U.S. Chamber of Commerce, Bolsonaro confirmed the signing of a protocol outlining three agreements with the United States that will ensure good business practices between the two allies and prevent corruption. He said the package would reduce bureaucracy and increase trade and investment.

Why Brazil and the U.S. Need to Reduce Dependence on Chinese Imports?

The U.S. Secretary of State, Mike Pompeo, Warned on Monday That the United States and Brazil Need to Reduce Their Dependence on Imports from China for Their Own Security.

Also Read

U.S. and Brazil Must Reduce Dependence on China

Largest Trade Partner for Iron Ore

Could Bolsonaro Ban 5G in Brazil?

Mayor orders wireless network turned off in municipal schools due to fear of electromagnetic radiation in children, replaces connection with Ethernet cables, and transforms small Italian city into a symbol of technological panic.

Goodbye traditional washing machine: Xiaomi surprises and launches an ultra-slim version with 27 programs, 3D water flow, steam sterilization, app control, enlarged drum, and a silent system with double suspension

An entire country within the mountains is selling water to Africa’s largest economy: Lesotho builds dams, tunnels, and bridges at an altitude of 2,000 meters to send more than 1.27 billion m³ per year to Johannesburg

Toyota ends the Diesel era: new Hilux with up to 380 km of urban range brings 196 hp, 59.2 kWh battery, 4×4 traction and 715 kg of load capacity

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

Magalu has a clearance sale on JBL Boombox 4 with 210W of power, 34-hour battery, and 3-way system.

In Sudan, expensive fuel, queues, and blackouts were stifling drivers, but an engineer created electric tricycles, and some owners even started operating with solar panels on the roof, reducing costs and helping workers to even double their daily income.

Driverless bus, promised as the future of transport in the UK, has been cancelled after low demand, still required human staff on board, and has become a symbol of an innovation that almost no one wanted to use.

The Japanese multinational Nidec, owner of the Embraco brand, opened more than 50 technical vacancies in Joinville with salaries of up to R$ 4.4 thousand for machining, maintenance, and manufacturing, in addition to benefits such as a profit sharing program, scholarships, and a health plan.

With capacity for 10 passengers, a payload of up to 1 ton, a speed of 150 km/h, and 40% fuel savings, the Volitan “flying boat” emerges as an innovative solution to transform transport in the Amazon and drastically reduce river travel time.

Recycling trucks with artificial intelligence begin photographing household waste, identify errors in the bins, send warnings to residents, and transform common disposal into a debate about surveillance.

Why Brazil and the U.S. Need to Reduce Dependence on Chinese Imports?

The U.S. Secretary of State, Mike Pompeo, Warned on Monday That the United States and Brazil Need to Reduce Their Dependence on Imports from China for Their Own Security.

Also Read

U.S. and Brazil Must Reduce Dependence on China

Largest Trade Partner for Iron Ore

Could Bolsonaro Ban 5G in Brazil?

Mayor orders wireless network turned off in municipal schools due to fear of electromagnetic radiation in children, replaces connection with Ethernet cables, and transforms small Italian city into a symbol of technological panic.

Goodbye traditional washing machine: Xiaomi surprises and launches an ultra-slim version with 27 programs, 3D water flow, steam sterilization, app control, enlarged drum, and a silent system with double suspension

An entire country within the mountains is selling water to Africa’s largest economy: Lesotho builds dams, tunnels, and bridges at an altitude of 2,000 meters to send more than 1.27 billion m³ per year to Johannesburg

Toyota ends the Diesel era: new Hilux with up to 380 km of urban range brings 196 hp, 59.2 kWh battery, 4×4 traction and 715 kg of load capacity

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

Magalu has a clearance sale on JBL Boombox 4 with 210W of power, 34-hour battery, and 3-way system.

The prospector who heard about the advance of soy in Maranhão and opened a grocery store in Balsas in 1986 transformed that small store into Grupo Mateus, the third largest supermarket in Brazil, with revenues of R$ 43.5 billion and 490 units.

Fiserv, the world’s largest payment processor, has just inaugurated its first factory outside Asia in Brazil. The unit in Betim (MG) will produce 100,000 Clover payment terminals per year and is part of a US$100 million investment that includes technology and expansion until 2027.

Fiserv, the world’s largest payment processor, has just opened its first factory outside Asia in Brazil. The unit in Betim (MG) will produce 100,000 Clover payment terminals per year and is part of a US$100 million investment that includes technology and expansion until 2027.

Pix could become a headache between Brazil and the US, and the Lula government will go to the White House to explain the system before pressure mounts.

A doorman earning BRL 1,620 and living with his family in a single room discovers 5 companies opened in his name, sees his debt exceed BRL 8 million, and is trying to prove he became a straw man in a scheme involving copied and pasted signatures.

In Sudan, expensive fuel, queues, and blackouts were stifling drivers, but an engineer created electric tricycles, and some owners even started operating with solar panels on the roof, reducing costs and helping workers to even double their daily income.

Driverless bus, promised as the future of transport in the UK, has been cancelled after low demand, still required human staff on board, and has become a symbol of an innovation that almost no one wanted to use.

The Japanese multinational Nidec, owner of the Embraco brand, opened more than 50 technical vacancies in Joinville with salaries of up to R$ 4.4 thousand for machining, maintenance, and manufacturing, in addition to benefits such as a profit sharing program, scholarships, and a health plan.

With capacity for 10 passengers, a payload of up to 1 ton, a speed of 150 km/h, and 40% fuel savings, the Volitan “flying boat” emerges as an innovative solution to transform transport in the Amazon and drastically reduce river travel time.

Recycling trucks with artificial intelligence begin photographing household waste, identify errors in the bins, send warnings to residents, and transform common disposal into a debate about surveillance.