President Joe Biden’s top trade negotiator suggested Brazil should consider the risks of joining China’s Belt and Road Initiative before making any final decision regarding the Asian country’s massive infrastructure program.
Speaking at Bloomberg New Economy at B20 in Sao Paulo, US Trade Representative Katherine Tai said she “would encourage our friends in Brazil to look at the risks in today’s economy” through “an objectivity lens, through a risk management lens” and to “really think about what the best pathway is forward for more resilience in the Brazilian economy.”
Any final decision is up to the Brazilian administration, and sovereignty is an aspect that the US government is trying to preserve in the world economy(!), Tai said Wednesday in an interview with Bloomberg’s Head of Economics and Government Stephanie Flanders.
So a “If you try to no longer be economicly dependent on us we will ruin you” Can the US talk in a none mafia boss way for one week?
“A whole week? Best I can do is five minutes.”
You guys are getting minutes?
Nice economy you have there. Would be a shame if someone put some sanctions through it.