Good morning! This week, the expected implications of the trade deal between the U.S. and China on Brazil. The UN’s worries about the health of Brazilians. How Brazilian markets performed. Also, what you should be looking out for this week—and the most important facts of the previous seven days. (This newsletter is for platinum and gold subscribers only. Become one now!)
Important. This is the last Weekly Report of 2019. Our newsletters will take a break between December 21 and January 5, 2020. But don’t worry, our website will continue bringing you exclusive content about Brazil—and if anything big happens in the next two weeks, we’ll be here to cover it. Happy holidays!
How the U.S.-China trade deal affects Brazil
On Friday, the U.S. and China finally announced progress on a trade agreement, even if some nebulous details remain, notably on agricultural purchases. Reuters reported that U.S. Trade Representative Robert Lighthizer said China would buy at least USD 16 billion more agricultural goods in each of the next two years—with total purchases nearing USD 50 billion in 2020 and 2021.
Why it matters. This piece of news set off alarm bells in Brasília, as the government fears Brazilian agricultural producers...