{"id":81955,"date":"2024-10-28T00:00:00","date_gmt":"2024-10-28T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/us-advises-brazil-to-weigh-risks-of-joining-belt-and-road-initiative-panama-canals-net-income-up-despite-drought\/"},"modified":"2024-10-28T00:00:00","modified_gmt":"2024-10-28T00:00:00","slug":"us-advises-brazil-to-weigh-risks-of-joining-belt-and-road-initiative-panama-canals-net-income-up-despite-drought","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/10\/28\/us-advises-brazil-to-weigh-risks-of-joining-belt-and-road-initiative-panama-canals-net-income-up-despite-drought\/","title":{"rendered":"US advises Brazil to weigh risks of joining Belt and Road Initiative + Panama Canal\u2019s net income up despite drought"},"content":{"rendered":"

<\/strong>US says Brazil should consider risks of joining Belt and Road: <\/strong>US trade representative Katherine Tai is calling on Brazil to consider the risks of joining China\u2019s Belt and Road Initiative, after the country\u2019s Agriculture Minister Carlos Favaro said they should join it to counter EU and Western protectionism last week, Bloomberg<\/a> reported last week, citing comments made at Bloomberg New Economy at B20 in Sao Paulo. Tai said she encourages Brazil to look at the risks in the economy through \u201can objectivity lens, through a risk management lens\u201d and to \u201creally think about what the best pathway is forward for more resilience in the Brazilian economy.\u201d <\/p>\n

In context:<\/strong> The US is competing with China for economic influence in Latin America, as China is the top trade partner for Brazil, Chile, and Peru, taking up the region's natural resources and increasingly investing in local infrastructure. <\/p>\n

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