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Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (2461)11/12/2024 12:16:28 AM
From: elmatador  Respond to of 2529
 
Brazil has a trade deficit of $30 billion with the US while having a $26 trade surplus with China.

Basically, Brazil takes dollar from China and send them to the United States

U.S. goods and services trade with Brazil totaled an estimated $120.7 billion in 2022. Exports were $75.7 billion; imports were $45.0 billion. The U.S. goods and services trade surplus with Brazil was $30.7 billion in 2022.



TOP Brazilian Exports to the US



To: E_K_S who wrote (2461)2/6/2025 3:00:27 AM
From: elmatador  Respond to of 2529
 
China's decision to impose 10% tariffs on U.S. crude oil imports opens a "window of opportunity" for Brazil to increase its oil shipments to China.


Brazil last year was 7th-largest supplier of oil to China, with an average of 720,000 barrels per day.


"There can actually be an increase," IBP's Roberto Ardenghy told Reuters on the sidelines of an event in Rio de Janeiro.

https://www.reuters.com/markets/commodities/china-tariffs-us-oil-an-opportunity-brazil-says-lobby-group-2025-02-04/



To: E_K_S who wrote (2461)3/31/2025 11:33:20 AM
From: elmatador1 Recommendation

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E_K_S

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Global Eggs acquires Hillandale Farms for $1.1bn – Reuters

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Global Eggs, a Luxembourg-based company led by Brazilian entrepreneur Ricardo Faria, has agreed to acquire US egg producer Hillandale Farms for $1.1 billion.

The deal, confirmed by Faria to Reuters on Thursday (27 March), follows the company's strategy to expand its operations. Global Eggs, which was established last year, already operates Granja Faria in Brazil and acquired Spain’s Grupo Hevo last November.

As part of the acquisition, Brazilian investment bank BTG Pactual's private equity arm will invest $300 million in exchange for an 11% stake in Global Eggs.

Faria noted that this acquisition is not linked to the recent surge in US egg prices caused by bird flu outbreaks and rising imports from Brazil. Instead, the entrepreneur expressed his confidence in continued global growth in egg consumption.

“We are looking at the world, and mainly at the Western world,” he told Reuters

Faria noted that over the past 15 years, egg consumption patterns have shifted. While eggs were once mainly consumed by lower-income households, they have now become a staple across all social and economic groups.


Combined, Global Eggs’ recent acquisitions, including Hillandale, Hevo, and Granja Faria, reported a total revenue of over $2 billion in 2024.

Although Global Eggs had previously planned an initial public offering in New York, Faria stated that the company will now focus on integrating Hillandale and consolidating its brand presence.

foodbev.com



To: E_K_S who wrote (2461)7/16/2025 5:35:34 AM
From: elmatador  Respond to of 2529
 
Trump Administration Initiates Trade Investigation of Brazil
The United States has begun investigating Brazil’s trade practices and “anti-corruption interference,” after the president’s criticisms of Brazil’s treatment of Jair Bolsonaro, a Trump ally.

Jamieson Greer, the U.S. trade representative, said he was beginning the investigation “into Brazil’s attacks on American social media companies as well as other unfair trading practices that harm American companies, workers, farmers and technology innovators.”

Kevin Hassett, the director of the National Economic Council, explained on Sunday in an appearance on ABC’s “This Week” that the “president has been very frustrated with negotiations with Brazil and also with the actions of Brazil,” emphasizing a need to “put America first.”

By Ana Swanson and Tony Romm

Reporting from Washington

July 15, 2025

The Trump administration initiated a trade investigation of Brazil on Tuesday, an action President Trump threatened last week as he criticized the country’s unfair trade practices and “witch hunt” against his political ally, former President Jair Bolsonaro.

The investigation will seek to determine whether certain policies and actions by the Brazilian government are unreasonable or have hurt U.S. businesses, the Office of the United States Trade Representative said in an announcement. The actions under investigation include the tariffs Brazil levies on American products, the country’s digital trade policies, the access it provides to its ethanol market and “anti-corruption interference,” among others, it said.

The announcement unleashed one of the United States’ most potent trade weapons on Brazil, escalating a sudden dispute that has renewed debates about the extent of Mr. Trump’s tariff powers and his interference in other countries’ politics.

The investigation could result in additional tariffs, after Mr. Trump already said in a letter that he planned to impose a 50 percent tariff on all Brazilian imports, one of dozens of letters that he posted threatening steep tariffs that go into effect Aug. 1. But unlike other letters, the missive to Brazil complained about the country’s policies that discriminate against American tech companies and lambasted Brazil for its treatment of Mr. Bolsonaro, who is facing trial for attempting a coup.

In the letter, which was posted on social media, Mr. Trump said that the way Brazil had treated Mr. Bolsonaro was “an international disgrace,” and that the new tariffs would take effect on Aug. 1. He also promised to initiate the trade investigation.

Jamieson Greer, the U.S. trade representative, said Tuesday that he was beginning the investigation “into Brazil’s attacks on American social media companies as well as other unfair trading practices that harm American companies, workers, farmers and technology innovators.”

By targeting Brazil, Mr. Trump nonetheless has touched off complaints that he is using his trade powers to settle political scores, regardless of questions of legality. The president has claimed vast authority to issue steep levies even without the express approval of Congress, as he looks to combat the nation’s trade deficit, address security concerns and, at times, meddle in another country’s internal affairs.

“They’re treating President Bolsonaro very unfairly. He’s a good man,” Mr. Trump said on Friday, later adding: “I shouldn’t like him because he was very tough in negotiation, but he was also very honest. And I know the honest ones, and I know the crooked ones.”

Brazilian prosecutors disagree. They say that after Mr. Bolsonaro lost the 2022 election, he encouraged his supporters to storm federal buildings and aimed to overturn the vote, dismantle the courts and hand special powers to the military. They also say he was aware of a plot to assassinate the incoming president and vice president, and a Supreme Court justice, a charge he denies.

Kevin Hassett, the director of the National Economic Council, explained on Sunday in an appearance on ABC’s “This Week” that the “president has been very frustrated with negotiations with Brazil and also with the actions of Brazil,” emphasizing a need to “put America first.”

Mr. Hassett later acknowledged that Mr. Trump settled on a 50 percent tariff — higher than the levies he has promised other countries beginning Aug. 1 — specifically because of Brazil’s treatment of Mr. Trump’s political ally. But Mr. Hassett said there were other reasons as well, citing the fact that Chinese sellers had sought to avert their own steep duties by selling through Brazil, in a tactic known as transshipping.

“If you look at an overall strategy, if you don’t have an overall strategy for this, then there’ll be transshipping and everything else, and you won’t achieve your objectives,” Mr. Hassett said.

Ana Swanson covers trade and international economics for The Times and is based in Washington. She has been a journalist for more than a decade.

Tony Romm is a reporter covering economic policy and the Trump administration for The Times, based in Washington.



To: E_K_S who wrote (2461)1/7/2026 8:39:38 AM
From: elmatador  Respond to of 2529
 
China had with Venezuela one of those oil for projects where they get oil at deep discounts.

China Imports hit about 470,000 bpd during 2025, according to energy analytics firm Vortexa, or roughly 4.5% of China's seaborne crude imports.

This ended. On Tuesday, the US president announced that Venezuela would turn over up to 50 million barrels of oil to America, saying the proceeds would be used to benefit both countries.

China has to find market priced oil to replace the cheap Venezuelan oil.

Brazil is strategically positioned to become a crucial “backup” supplier of oil to China. This assessment comes from Jean Paul Prates, former president of Petrobras, highlighting Brazil’s increasing importance in global energy security. The shifting dynamics underscore a broader reevaluation of energy partnerships as major powers navigate supply chain vulnerabilities and international sanctions.

Brazil’s reliable and growing oil production, coupled with its stable institutional framework, positions it as an attractive alternative for nations seeking secure energy sources. As global energy markets continue to evolve, the demand for diversified and dependable supply chains has intensified, making Brazil’s role more prominent. This potential shift reflects deep-seated concerns over the stability of traditional supply routes and the impact of international political pressures.

Prates emphasized that the nation’s pre-salt reserves, already attracting direct investment from Chinese companies, solidify this potential partnership. These factors are critical in a landscape where traditional supply agreements are increasingly vulnerable to external pressures.

Brazil’s strategic advantage in oil supply
Brazil possesses a high-quality crude oil output that consistently meets international standards, making it highly desirable for refineries globally. This consistent quality, combined with an ever-expanding production capacity from its deepwater pre-salt fields, cements Brazil’s reputation as a reliable energy provider. The technological advancements and sustained investment in these complex offshore operations ensure a steady and increasing flow of crude.

Furthermore, several Chinese enterprises already hold significant equity stakes in Brazil’s pre-salt blocks, indicating a pre-existing trust and strategic alignment in the petroleum sector. This direct involvement facilitates smoother commercial transactions and strengthens the long-term viability of Brazil acting as a supplementary source for China’s substantial energy requirements. The established partnership minimizes logistical and regulatory hurdles, making the transition more efficient should the need arise.

Venezuelan production struggles and US geopolitical maneuvers

Venezuela’s oil production, once a powerhouse, currently operates significantly below its true potential, registering under one million barrels per day against a capacity of three million. This substantial underperformance stems largely from decades of underinvestment and operational inefficiencies within the state-owned PDVSA, exacerbated by international sanctions and political instability. The reduced output leaves a considerable gap in global supply and specifically impacts nations heavily reliant on Venezuelan crude.

This scenario creates a strategic opening for the United States, which seeks to influence global energy markets and regional stability. Experts suggest Washington aims to transform Venezuela into a showcase of successful economic revival, particularly within its oil sector, which could potentially realign its geopolitical allegiances. Such a move would represent an unprecedented level of intervention and reconstruction, akin to post-war efforts in Europe and Japan, reflecting a significant shift in U.S. foreign policy objectives for the region.

China’s precarious energy ties and shifting alliances
China’s existing contracts with PDVSA account for a substantial 80% of Venezuela’s current crude oil production, highlighting a critical dependence that is increasingly vulnerable. These extensive agreements are now under considerable threat due to mounting pressure and potential actions directed by the United States. Should these contracts be jeopardized, China faces the immediate challenge of securing alternative, stable sources to fuel its vast economy.

The geopolitical chess
board places immense strain on China’s energy security strategy, compelling a proactive search for reliable partners. Brazil’s institutional stability and its exemption from international sanctions make it an ideal candidate to fill any impending void in China’s oil supply chain. Unlike Venezuela, Brazil operates outside the direct influence of these geopolitical disputes, offering a neutral and dependable source.

This strategic pivot would establish Brazil as a primary non-traditional oil originator for China, distinct from its existing spheres of influence. The ability to guarantee supply without entanglement in complex international disputes is a significant advantage in the current global climate. Diversifying its energy portfolio with Brazilian crude would significantly bolster China’s resilience against future market disruptions.

Institutional stability secures Brazil’s role
Brazil boasts robust institutional stability, providing a predictable and secure environment for international energy partnerships. The nation’s established legal frameworks and consistent governance mitigate investment risks, making it an attractive partner for long-term supply agreements. This stands in stark contrast to the volatility observed in other major oil-producing regions.

Crucially, Brazil remains free from any international sanctions, distinguishing it sharply from Venezuela. This status allows for unimpeded trade and financial transactions, ensuring that oil shipments to China would not be encumbered by external restrictions or political interventions. The absence of such punitive measures ensures a smooth and reliable flow of crude.

The evolving landscape of energy and critical minerals
The broader geopolitics of energy are undergoing a profound transformation, extending beyond traditional fossil fuels. The rising importance of critical minerals and rare earths has become central to the global energy transition agenda. These essential resources are indispensable for the advancement of renewable energy technologies, electric vehicles, and the broader electrification of the world economy.

Nations are increasingly vying for control and access to these vital components, recognizing their strategic value in shaping future industrial and technological landscapes. This shift creates new geopolitical fault lines and opportunities for countries rich in these resources. Brazil, with its diverse natural endowments, is also a significant player in the critical minerals market.

The intertwining of traditional energy supplies with the emerging critical minerals sector underscores a more complex and interconnected global resource dynamic. Energy security now encompasses a wider array of materials crucial for sustainable development.

Future outlook for regional oil dynamics
Looking ahead, the interplay of global demand, geopolitical shifts, and internal country policies will continue to shape regional oil dynamics into 2025 and beyond. Brazil’s solidified position as a dependable oil producer, coupled with its strategic alliances, indicates a significant and expanding role in meeting international energy needs.

mixvale.com.br



To: E_K_S who wrote (2461)1/15/2026 9:37:46 AM
From: elmatador1 Recommendation

Recommended By
E_K_S

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Brazil Billionaire Batista Shuttles Between DC and Caracas, Eyeing Oil Deals

By Reuters
|
Jan. 14, 2026, at 9:10 a.m.

Exclusive-Brazil Billionaire Batista Shuttles Between DC and Caracas, Eyeing Oil Deals

By Luciana Magalhaes

SAO PAULO, Jan 14 (Reuters) - Brazilian billionaire Joesley ?Batista ?met with Venezuela's interim President Delcy ?Rodriguez on Friday, before and after he met in Washington with U.S. officials, ?whom he reassured that she seems ready to open her nation's oil and gas industry to investment, a ?person familiar with the matter told ?Reuters.

The Batista family's energy firm Fluxus, which has consolidated assets in Bolivia and Argentina since they acquired ?it in 2023, ?is evaluating business opportunities in Venezuela, the source said, speaking on condition of anonymity.


Fluxus and Batista holding company J&F declined to comment.

The shuttle diplomacy by the billionaire, whose family's meatpacker JBS has a major U.S. footprint and has done business in Venezuela, underscores his access in Washington and capitals across the ?Americas.

His meeting with President Donald Trump in September helped to thaw U.S. relations with Brasilia, Reuters ?reported ?at the time. Within weeks, ?Trump was touting ?his "excellent chemistry" with Brazilian President Luiz Inacio Lula da Silva and within months he dropped steep U.S. tariffs on many Brazilian goods, including beef and coffee.

Batista's trip to Caracas on Friday, first reported by CNN Brazil, followed a visit in November with then-President Nicolas Maduro, according to two people familiar with the matter. Maduro was detained in a U.S. military operation this month to stand trial on drug trafficking charges.

This time, Batista took a private ?plane from Washington to Caracas to meet Rodriguez, and found Maduro's former vice president willing to open the energy sector and uphold commitments to the United States, the source said. Batista flew back to Washington and relayed the information to officials there.

The Batista family's recent foray into the energy sector is part of a wider diversification of their holdings since building JBS into the world's largest meatpacker.

Last year, JBS pulled off a long-awaited U.S. listing and contributed $5 million to Trump's inauguration committee through U.S. subsidiary Pilgrims Pride.

While U.S. oil majors have been wary about rushing back into Venezuela, given its history of nationalizations in the energy industry, smaller ?regional players are keen for access to the world's largest declared oil reserves.

"It's certainly an opportunity, but there are risks," said Marcio Felix, head of an industry group representing smaller energy firms in Brazil, at an event on Tuesday. "If you wait until everything is clear, there ?will be no space left."

(Reporting by Luciana MagalhaesAdditional reporting by Marta Nogueira in Rio de JaneiroEditing by Brad Haynes and Chizu Nomiyama)

Copyright 2026 Thomson Reuters.



To: E_K_S who wrote (2461)3/2/2026 8:46:22 AM
From: elmatador  Respond to of 2529
 
Brazil is becoming an energy superpower