May 12, 2026 · 20 min · 19 segments
Most people see the world as the U.S. vs. China.But the real power shift is happening elsewhere. Richard Fontaine, CEO of the Center for a New American Security and a former senior advisor at the…
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Most people assume Brazil's biggest economic partner is the United States.
It isn't.
It's China.
How did that happen?
China's economic gravity has continued to grow over the decades, and we're in this strange phenomenon now where China is the top trade partner of most countries in the Western Hemisphere.
It's a reflection both of China's appetite for inputs, especially raw materials, the likes of which come from countries like Brazil, and its exports, particularly of lower cost and increasingly somewhat higher cost manufactured goods, which are exported to countries throughout the hemisphere.
And so you have a real rewiring of the top trade relationships between countries like Brazil compared to the way it used to be.
Most people assume Brazil's biggest economic partner is the United States.
It isn't.
It's China.
How did that happen?
China's economic gravity has continued to grow over the decades, and we're in this strange phenomenon now where China is the top trade partner of most countries in the Western Hemisphere.
It's a reflection both of China's appetite for inputs, especially raw materials, the likes of which come from countries like Brazil, and its exports, particularly of lower cost and increasingly somewhat higher cost manufactured goods, which are exported to countries throughout the hemisphere.
And so you have a real rewiring of the top trade relationships between countries like Brazil compared to the way it used to be.
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