Brazil’s strength in agribusiness and desire to forge stronger trade relationships around the globe may present to the country the unique opportunity to benefit from the Trump administration’s newly proposed trade policies. Actions by the new U.S. president have threatened the future of the Trans-Pacific Partnership (TPP) and other multilateral agreements, and caused tensions with China and Mexico. Brazil may be ideally positioned to fill the potential gap left by the United States by satisfying demand for agricultural exports in Mexico, China and former-TPP nations. Additionally, the hiatus in global trade integration may allow Brazil to “catch-up” to other countries by negotiating new bilateral agreements, including with the United States. Despite predictions of destabilization in the global financial system, the Temer government may find itself better positioned than most to take advantage of a paradigm-shifting moment in global trade.
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Brazil Institute
The Brazil Institute—the only country-specific policy institution focused on Brazil in Washington—aims to deepen understanding of Brazil’s complex landscape and strengthen relations between Brazilian and U.S. institutions across all sectors. Our mission is to provide thoughtful leadership and innovative ideas to help democracies evolve and enhance their capacity to deliver results. We achieve this by producing independent research and programs that bridge the gap between scholarship and policy, while serving as a hub for policymakers, scholars, and private sector leaders. Read more
