Comments by "serafina costa" (@serafinacosta7118) on "The BRICS Summit: Significant or Hoopla? || Peter Zeihan" video.
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@coops1992 no it does not, to your surprise and perceptions.
May I enlighten you then ….
Brazil is a neutral non aligned trading partner , this going back towards the 60-70’s. We get away with it as the US have a lot of vested interests in Brazil , so we can play the rebel spoiled child. We do not toe the line with Washington on Foreign Policies.
With regards to Canada, there are some Canadian interests in Brazil. We squirmish with Canada on some trade ( we bought Bombardier train carts but we battle against them on Embraer’s markets for mid sized airplanes ). Brookfield has a large commercial Real Estate holding in Rio - São Paulo, building residential , and managing commercial real estate, plus they engage in a lot of infra structure mega projects competing against the Chinese ). . Aluminum smelting and power generation also used to be run by Canadians.
Who we trade mostly nowadays.
China. Grain and meat exports. Steel ore. Coal. Import consumer electronics and some automobiles. Chinese automakers are supplanting wanning US automakers by opening up assembly plants.
Russia. For a long time we canibalize our potash production to the point of compromise our local production, to rid ourselves from toxic pollution. So for those and other minerals , we are still dependent on Russian exports.
Iran. They buy a lot of beef from us. When Bolsonaro , on his Trump suck up diatribe went out to insult Iranians , our bankrolling Agri Business lobby told him to shut up. He toned down. They actually , from press accounts , buy more beef from US than the US does.
The US. We buy a lot of lifestyle services and consumer brands from them. There is not a single shipment derived from this. All in royalties .
We move a lot of beef , concentrate OJ among other lesser known commodities to the US. In fact , our food industrialists are in deep cahoots with DC lobbyists , buying up American food conglomerates , grazing land . US Auto manufacturing is on its way out, thought.
Mexico. With NAFTA in its backpocket , Mexicans went out to stitch billateral trade agreements. As result of that , Mexicans made more damage to our auto assemble plants than China , Korea or Japan combined.
India. They are foes. When Lula broke medical patents for humanitarian reasons , Indians capitalized huge upon us. They thrive and flood the country with substandard generic drugs , albeit we maintain a decent domestic drug manufacturing industry. Our stuff never gets cited under FDA rules as Indian’s does , but our exports are limited , thanks to Indian underhanded tactics and sandbagging.
We are breaking ground on the European Union trade agreements , and we do export a lot to Japan ( mostly frozen poultry ).
We did barter deals , Iraq being a case in point , in recent past. Before the Gulf War , we actually traded oil deliveries against VW made Passats to Sadam’s Regime.
Outside Raytheon ( SIVAM program ) , we seldom ever buy weapons from Americans. We bought fighter jets through Dassault from France , Saab from Swedes , but most of our defense manufacturing is in the country for strictly defense contracts . We do not maintain bases abroad.
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