This week, we talk about how sustainable Brazil’s slow return to economic growth may or may not be.
Brazil’s export-heavy economy has taken another hit in the last week, between new revelations of
efforts to cover up salmonella-tinged meat exports, and US President Donald Trump’s trade
restrictions.
Despite the federal government’s expectations of a 3 percent GDP growth for 2018, the OECD says
that isolationist policies and trade barriers – plus market demands for a pension reform that seems
increasingly unlikely – may continue to obstruct economic growth.
fujiiemi disse:
I think it is a problem of Trump opening his mouth before engaging his brain. These US Import tariffs hit Canada, Brazil most. Supposedly friendly towards the US! Does not make sense to mesimply invites retaliation from countries looking for an excuse to justify anti-US actions.