While Bolsonaro Favors Trump, Brazilian Exports to US Drop 32 Percent as Deficit Climbs



Arkady Petrov | The Rio Times

RIO DE JANEIRO, BRAZIL – The announced partnership that Jair Bolsonaro and Donald Trump’s governments boast about has not been reflected in the business environment between Brazil and the United States.

Even considering the worldwide trade deceleration triggered by the pandemic – an overall drop of 9.6 percent in Brazilian business with the world – the trade balance between the two countries had a significant drop, suffering a 25 percent cut between January and August this year, compared to the same period last year. 

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