WNA Globe

World News by Wild Rose

#Brazil-China trade ร—

Brazil widens lead in Chinaโ€™s soybean market as US shipments fall despite Trump-Xi deal

China imported 12.08 million tonnes of Brazilian soybeans in June, up 13.7 per cent from a year earlier, while volumes from the United States fell 20.6 per cent to 1.27 million tonnes, far off the pace implied by the purchasing deal agreed by Presidents Donald Trump and Xi Jinping, according to figures released on Monday by Chinaโ€™s General Administration of Customs. Total arrivals of the oilseed reached 13.55 million tonnes, a record for the month, lifted by Brazilian supply and by the clearing...

Trumpโ€™s tariff war pushes Brazilโ€™s trade towards China as US share hits record low

The US share of Brazilian exports fell to its lowest level since 1997 in the first half of 2026, while China widened its lead as the countryโ€™s top trading partner, according to the American Chamber of Commerce for Brazil, whose report landed as Washington held public hearings on a proposed new round of tariffs against Brazilian goods. American buyers took 9.4 per cent of Brazilian exports between January and June, down from 12.1 per cent a year earlier and the smallest share in the chamberโ€™s...