"Trade with the parties" puts Brazil at economic risk



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By Fernando Brito, do Tijolaço – All found that the truce in the trade war between the United States and China, agreed at the G-20 meeting, had not been adopted on Monday. Skirmishes resumed Tuesday, which represented a 3% drop in the Dow Jones index of the US stock market. It now seems that the situation will worsen with the arrest of the ruler and daughter of billionaire owner Huawei. A giant of communication systems that, at its value, has surpbaded Apple and has become the second largest on the market, just behind the Korean Samsung.

The charges against Meng Wanzhou, Huawei's chief financial officer, are currently vague: alleged violation by the company of measures taken by the United States to block trade with Iran, but it is widely acknowledged that the United States is using its strength to block the expansion of the group – which would be at the forefront of 5G technology for data transmission over the Internet – and the United Kingdom, Australia and New Zealand.

But what we have to do with this war climate, which tends to worsen, with China demanding the allegation that there is a violation of human rights with his detention – in Canada at the request of the United States – without any formal charge against her?

All because the country's foreign minister, Eduardo Bolsonaro, son of the president who moves shamelessly in this area (with Trump's hat and all the rest) says openly – read his interview with Valor Econômico – that the government of his father intends to reverse the position of China and the United States in Brazilian foreign trade

To give a simplified idea of ​​what this means: our trade with China l & # 39; Last year totaled $ 75 billion, with a balance slightly above $ 20 billion for our country. With the United States, trade amounted to US $ 50 billion, with the balance of Brazil only US $ 2 billion, mainly due to higher crude oil exports, which have already risen again dropped. In fact, it was an exceptionally favorable figure, as we accumulate successive deficits, which have accumulated a negative balance of US $ 90 billion over the last ten years.

Bolsonarinho think that the United States will be released on bail if the trade flow with China "What fool has nothing to do with that?" Only with benefits, a lot of benefits, because Donald Trump does not have a policy of increasing imports, quite the contrary. Anyone who embarks on a big air fight like the United States with China must have a trap, not the bosses who "trade with parties".

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