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CNI: US Trade Barriers Cause Brazil to Lose US$676 Million Export Revenue Yearly

RIO DE JANEIRO, BRAZIL - The strategic alliance of the Bolsonaro administration with Washington has yet to result in trade gains for Brazil, which has failed to export US$676.5 million (R$3.72 billion) per year due to trade barriers enforced by the United States.

This amount exceeds by nearly US$40 million the sales of aircraft and equipment to the American market last year, for instance, and is US$10 million higher than what was exported by processing industries to the USA.

The figure is also 2.5 times higher than the volume of American exports affected annually . . .

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