IBOV 177,512.41 ▼ 0.27% IPSA 11,014.88 ▼ 0.02% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,287,637 ▼ 0.11% COLCAP 2,382.69 ▼ 0.39% BVL PERÚ 57,378.30 — — USD/BRL5.08▲ 0.18% USD/MXN17.32▲ 0.02% USD/CLP924.34▼ 0.73% USD/COP3,228▲ 0.79% USD/PEN3.39▼ 0.08% USD/ARS1,494▲ 0.57% USD/UYU40.27▲ 0.17% USD/PYG5,936▲ 0.08% USD/BOB12.07▼ 0.25% USD/DOP57.83▼ 0.28% USD/CRC448.42— 0.00% USD/GTQ7.62▼ 0.08% USD/HNL26.78▲ 0.07% USD/NIO 36.62 — 0.00% USD/VES746.91▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.10▼ 0.06% USD/TTD6.74▲ 0.40% EUR/BRL5.85▼ 0.15% BRENT 83.78 ▼ 7.04% WTI 80.29 ▼ 5.17% IRON ORE 161.91 — — COPPER 6.54 ▲ 1.66% GOLD 4,110 ▲ 1.50% SILVER 58.32 ▲ 1.27% SOY 1,192 ▲ 1.73% CORN 473.00 ▲ 7.32% WHEAT 651.50 ▲ 1.92% COFFEE 321.15 ▼ 3.30% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 159.20 ▲ 2.74% COTTON 81.39 ▲ 1.11% COCOA 5,903 ▲ 9.38% BEEF 227.03 ▼ 2.04% CATTLE 343.00 ▼ 1.44% LITHIUM 69.47 ▲ 0.36% PETR4 42.90 ▼ 1.20% VALE3 74.50 ▼ 2.33% ITUB4 43.05 ▲ 0.42% BBDC4 18.56 ▲ 0.81% ABEV3 15.81 ▼ 1.13% BBAS3 21.28 ▼ 0.33% B3SA3 15.61 ▼ 0.76% WEGE3 48.44 ▲ 2.63% PRIO3 58.88 ▼ 3.24% SUZB3 43.17 ▼ 0.35% RENT3 38.14 ▲ 1.41% AZZA3 16.28 ▼ 0.85% CSAN3 4.08 ▲ 0.25% RAIZ4 0.26 — 0.00% PCAR3 2.72 ▲ 5.02% GMAT3 4.01 ▼ 0.50% PSSA3 54.13 ▼ 1.04% CVCB3 1.42 ▲ 8.40% POSI3 3.52 ▼ 0.85% SLCE3 13.41 ▲ 0.22% NATU3 8.54 ▲ 1.91% BRKM5 5.93 ▼ 0.67% RANI3 8.44 ▲ 4.07% CSNA3 4.53 ▼ 6.41% CMIN3 5.73 ▲ 0.35% USIM5 7.57 ▲ 2.85% GGBR4 25.46 ▲ 1.92% ENEV3 26.82 ▲ 1.94% CPFE3 45.92 ▼ 0.48% CMIG4 11.28 ▼ 0.53% EQTL3 38.88 ▲ 0.57% LREN3 13.88 ▲ 2.06% VIVT3 32.30 ▼ 1.01% RAIL3 14.14 ▼ 2.08% KLABIN 18.34 ▲ 0.49% RAIA DROGASIL 18.65 ▲ 0.92% RDOR3 34.08 ▼ 1.62% HAPV3 11.87 ▲ 5.23% FLRY3 17.31 ▲ 0.99% SMTO3 14.36 ▼ 1.10% UGPA3 33.13 ▲ 0.24% VBBR3 36.26 ▲ 0.58% BBSE3 41.32 ▲ 0.15% BPAC11 57.35 ▲ 0.97% CURY3 31.65 ▲ 5.18% AERI3 2.14 ▼ 0.47% VIVARA 22.81 ▲ 2.84% COMPASS 25.04 ▲ 0.81% VAMOS 3.28 ▼ 1.80% SANB11 28.96 ▲ 1.19% ASAI3 8.48 ▼ 0.24% SBSP3 27.44 ▼ 0.94% WALMEX 49.70 ▼ 1.09% GMEXICO 212.30 ▲ 2.20% FEMSA 216.59 ▼ 2.19% CEMEX 20.64 ▲ 0.63% GFNORTE 198.24 ▼ 1.17% BIMBO 61.35 ▼ 0.98% TELEVISA 9.68 ▼ 1.33% AMX 21.55 ▼ 2.36% GAP 375.65 ▼ 0.23% ASUR 275.02 ▼ 0.22% OMA 230.39 ▼ 0.41% KOF 185.28 ▼ 1.06% GRUMA 264.08 ▲ 2.27% KIMBER 39.92 ▼ 0.70% SQM-B 61,763 ▼ 1.49% COPEC 6,275 ▼ 1.18% BSANTANDER 80.03 ▼ 1.19% FALABELLA 6,300 ▲ 1.35% ENELAM 87.23 ▼ 0.86% CENCOSUD 1,953 ▼ 0.11% CMPC 1,057 ▲ 0.16% BANCO CHILE 191.69 ▼ 1.04% LATAM AIR 25.24 ▲ 2.02% YPF 8,120 ▼ 2.05% GGAL 7,955 ▲ 0.93% PAMPA 5,515 ▼ 0.72% TXAR 656.00 ▼ 0.53% ALUAR 968.00 ▼ 0.97% TGS 9,925 ▼ 1.24% CEPU 2,376 ▼ 0.83% MIRGOR 1,675 ▼ 89.76% COME 43.39 ▼ 1.45% LOMA NEGRA 3,580 ▼ 1.11% BYMA 293.25 ▼ 0.76% TELECOM ARG 4,400 ▼ 0.17% ECOPETROL 16.59 ▼ 1.07% BANCOLOMBIA 91.26 ▼ 1.36% GRUPO AVAL 5.20 ▼ 1.52% CREDICORP 395.86 ▼ 1.18% SOUTHERN COPPER 186.51 ▲ 2.08% BUENAVENTURA 30.34 ▲ 0.20% MERCADOLIBRE 1,902 ▲ 1.30% NUBANK 14.49 ▲ 1.12% XP 17.03 ▼ 0.21% PAGSEGURO 9.63 ▼ 0.16% STONE 11.33 ▼ 0.44% GLOBANT 37.57 ▲ 2.65% TECNOGLASS 46.60 ▲ 7.27% GAP 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USD/CLP 924.34 ▼ 0.73% USD/COP 3,228 ▲ 0.79% USD/PEN 3.39 ▼ 0.08% USD/ARS 1,494 ▲ 0.57% USD/UYU 40.27 ▲ 0.17% USD/PYG 5,936 ▲ 0.08% USD/BOB 12.07 ▼ 0.25% USD/DOP 57.83 ▼ 0.28% USD/CRC 448.42 ▲ 0.00% USD/GTQ 7.62 ▼ 0.08% USD/HNL 26.78 ▲ 0.07% USD/NIO 36.62 — 0.00% USD/VES 746.91 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.10 ▲ 0.31% USD/TTD 6.74 ▲ 1.26% EUR/BRL 5.85 ▼ 0.15% BRENT 83.78 ▼ 7.04% WTI 80.29 ▼ 5.17% IRON ORE 161.91 — — COPPER 6.54 ▲ 1.66% GOLD 4,110 ▲ 1.50% SILVER 58.32 ▲ 1.27% SOY 1,192 ▲ 1.73% CORN 473.00 ▲ 7.32% WHEAT 651.50 ▲ 1.92% COFFEE 321.15 ▼ 3.30% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 159.20 ▲ 2.74% COTTON 81.39 ▲ 1.11% COCOA 5,903 ▲ 9.38% BEEF 227.03 ▼ 2.04% CATTLE 343.00 ▼ 1.44% LITHIUM 69.47 ▲ 0.36% PETR4 42.90 ▼ 1.20% VALE3 74.50 ▼ 2.33% ITUB4 43.05 ▲ 0.42% BBDC4 18.56 ▲ 0.81% ABEV3 15.81 ▼ 1.13% BBAS3 21.28 ▼ 0.33% B3SA3 15.61 ▼ 0.76% WEGE3 48.44 ▲ 2.63% PRIO3 58.88 ▼ 3.24% SUZB3 43.17 ▼ 0.35% RENT3 38.14 ▲ 1.41% AZZA3 16.28 ▼ 0.85% CSAN3 4.08 ▲ 0.25% RAIZ4 0.26 — 0.00% PCAR3 2.72 ▲ 5.02% GMAT3 4.01 ▼ 0.50% PSSA3 54.13 ▼ 1.04% CVCB3 1.42 ▲ 8.40% POSI3 3.52 ▼ 0.85% SLCE3 13.41 ▲ 0.22% NATU3 8.54 ▲ 1.91% BRKM5 5.93 ▼ 0.67% RANI3 8.44 ▲ 4.07% CSNA3 4.53 ▼ 6.41% CMIN3 5.73 ▲ 0.35% USIM5 7.57 ▲ 2.85% GGBR4 25.46 ▲ 1.92% ENEV3 26.82 ▲ 1.94% CPFE3 45.92 ▼ 0.48% CMIG4 11.28 ▼ 0.53% EQTL3 38.88 ▲ 0.57% LREN3 13.88 ▲ 2.06% VIVT3 32.30 ▼ 1.01% RAIL3 14.14 ▼ 2.08% KLABIN 18.34 ▲ 0.49% RAIA DROGASIL 18.65 ▲ 0.92% RDOR3 34.08 ▼ 1.62% HAPV3 11.87 ▲ 5.23% FLRY3 17.31 ▲ 0.99% SMTO3 14.36 ▼ 1.10% UGPA3 33.13 ▲ 0.24% VBBR3 36.26 ▲ 0.58% BBSE3 41.32 ▲ 0.15% BPAC11 57.35 ▲ 0.97% CURY3 31.65 ▲ 5.18% AERI3 2.14 ▼ 0.47% VIVARA 22.81 ▲ 2.84% COMPASS 25.04 ▲ 0.81% VAMOS 3.28 ▼ 1.80% SANB11 28.96 ▲ 1.19% ASAI3 8.48 ▼ 0.24% SBSP3 27.44 ▼ 0.94% WALMEX 49.70 ▼ 1.09% GMEXICO 212.30 ▲ 2.20% FEMSA 216.59 ▼ 2.19% CEMEX 20.64 ▲ 0.63% GFNORTE 198.24 ▼ 1.17% BIMBO 61.35 ▼ 0.98% TELEVISA 9.68 ▼ 1.33% AMX 21.55 ▼ 2.36% GAP 375.65 ▼ 0.23% ASUR 275.02 ▼ 0.22% OMA 230.39 ▼ 0.41% KOF 185.28 ▼ 1.06% GRUMA 264.08 ▲ 2.27% KIMBER 39.92 ▼ 0.70% SQM-B 61,763 ▼ 1.49% COPEC 6,275 ▼ 1.18% BSANTANDER 80.03 ▼ 1.19% FALABELLA 6,300 ▲ 1.35% ENELAM 87.23 ▼ 0.86% CENCOSUD 1,953 ▼ 0.11% CMPC 1,057 ▲ 0.16% BANCO CHILE 191.69 ▼ 1.04% LATAM AIR 25.24 ▲ 2.02% YPF 8,120 ▼ 2.05% GGAL 7,955 ▲ 0.93% PAMPA 5,515 ▼ 0.72% TXAR 656.00 ▼ 0.53% ALUAR 968.00 ▼ 0.97% TGS 9,925 ▼ 1.24% CEPU 2,376 ▼ 0.83% MIRGOR 1,675 ▼ 89.76% COME 43.39 ▼ 1.45% LOMA NEGRA 3,580 ▼ 1.11% BYMA 293.25 ▼ 0.76% TELECOM ARG 4,400 ▼ 0.17% ECOPETROL 16.59 ▼ 1.07% BANCOLOMBIA 91.26 ▼ 1.36% GRUPO AVAL 5.20 ▼ 1.52% CREDICORP 395.86 ▼ 1.18% SOUTHERN COPPER 186.51 ▲ 2.08% BUENAVENTURA 30.34 ▲ 0.20% MERCADOLIBRE 1,902 ▲ 1.30% NUBANK 14.49 ▲ 1.12% XP 17.03 ▼ 0.21% PAGSEGURO 9.63 ▼ 0.16% STONE 11.33 ▼ 0.44% GLOBANT 37.57 ▲ 2.65% TECNOGLASS 46.60 ▲ 7.27% GAP AIRPORT 216.84 ▼ 0.23% ASUR 275.02 ▼ 0.22% OMA AIRPORT 106.51 ▼ 0.37% AMX ADR 24.87 ▼ 1.91% FEMSA ADR 125.02 ▼ 2.32% CEMEX ADR 11.88 ▲ 0.47% PETROBRAS ADR 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Brazil Life & Society

Democratic U.S. Congressman Proposes Law to Bar Brazilian Imports

By · September 11, 2019 · 3 min read

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RIO DE JANEIRO, BRAZIL – Democratic congressman Peter DeFazio presented a bill in the U.S. House on Tuesday, August 10th, to ban the import of Brazilian products such as meat and soy, in response to the increase in forest fires in the Amazon.

He is the U.S. Representative for Oregon’s 4th congressional district, serving since 1987. The bill also provides for a ban on free trade negotiations between the USA and Brazil.

In a note published on the congressman's website, the democrat criticizes the presidents of Brazil, Jair Bolsonaro, and the United States, Donald Trump.
In a note published on the congressman’s website, the Democrat criticizes the presidents of Brazil, Jair Bolsonaro, and the United States, Donald Trump. (Photo internet reproduction)
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The congressman’s bill also talks about banning imports of products such as leather, sugar, corn, and tobacco from Brazil. In a note published on the congressman’s website, the democrat criticizes the presidents of Brazil, Jair Bolsonaro, and the United States, Donald Trump.

“President Jair Bolsonaro believes he can act with impunity and accelerate the destruction of the Amazon rainforest, and he needs to know that there are real consequences for his reckless actions,” he said. He also said that deforestation in the Amazon could have significant effects on rainfall in the USA and affect its crops.

On the same day, other US congressmen discussed the environmental policy of the Bolsonaro government in a public hearing at the House Foreign Relations Committee. The congressmen, however, pointed out that negotiations for a trade agreement between the two countries should not be blocked by the environmental crisis.

Donald Trump’s government has been Bolsonaro’s most important ally in the international debate on the situation in the Amazon.

Democratic senators even sent a letter to the US trade representative calling for the suspension of trade talks with Brazil until the fires in the Amazon were resolved. The idea is that a future agreement would facilitate procedures, increase trade relations and investments.

The Brazilian ambassador, Ernesto Araújo, has a meeting at the State Department in Washington DC this week, when he is expected to discuss the issue.

Many members of the Democratic Party are critical to very critical of Brazil and a possible trade agreement. The Democratic Party has the majority in the House of Representatives.
Many members of the Democratic Party are critical to very critical of Brazil and a possible trade agreement. The Democratic Party holds the majority in the House of Representatives. (Photo internet reproduction)

The idea of a trade agreement has been designed by both sides, but has not yet gained official status. The US usually communicates to Congress when they formally begin negotiations for an agreement.

In Tuesday’s talk, however, even among Democrats – opposition to the Trump government – there was no sign that the environmental issue could be a hindrance to a future agreement with Brazil.

Democratic congressman Albio Sires said he did not see the imposition of conditions to the agreement as a way out for Americans to exert pressure on Brazil. “We will work together, we will find a solution, that we can do together to resolve this situation. At this point, this is not a good approach,” he said.

Another Democrat, Dean Phillips, told reporters that he has not yet taken a position on the need to include conditions regarding environmental policy for approval of a possible agreement. “There are challenges in using these instruments, but we have to look at all the options,” he said.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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