In today’s issue: Brazilian big agro cheering against U.S.-China trade deal. Supreme Court to decide on future of Operation Car Wash. Lingering questions on Marielle Franco assassination.
Brazilian big agro cheering against U.S.-China trade deal
Negotiations to settle the U.S.-China trade war are intensifying, with both sides holding frequent talks to clear the final hurdles. This could spell bad news for Brazillian agricultural producers, who fear that a truce will come with China opening up its market to American agribusiness—which could then ‘steal’ a BRL 30bn market share now occupied by soybean, meat, sugar, and ethanol producers.