Squeezed by US tariffs, Brazil backs China-Mercosur deal it long tried to kill

1 hour ago

Squeezed by US tariffs, Brazil backs China-Mercosur deal it long tried to kill

The two leaders spoke by telephone for more than an hour, according to a statement from the Brazilian presidency, and “coincided on the importance of speeding up the talks for a Mercosur-China agreement that contemplates the necessary flexibilities”.

The readout said the presidents discussed aligning the two countries’ national development projects and reaffirmed plans to expand cooperation in strategic and high-technology sectors, including artificial intelligence, satellites, critical-minerals processing, and fertiliser trade.

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