How China’s $285M Export Hub in Brazil Will Cost U.S. Billions | WSJ Center Point
Agricultura
China’s new $285 million export terminal in Brazil, being built outside of São Paolo by Chinese state agricultural giant Cofco, threatens billions of dollars in revenue for U.S. farmers. This new terminal and Trump’s recent 50% tariffs on many Brazilian goods threaten to push China and Brazil even closer together. WSJ’s Samantha Pearson explains how this new terminal and growing ties between China and Brazil will continue to hurt U.S. farmers. Chapters: 0:00 China’s new export terminal 0:21
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