- 0 views
Pompeo: US, Brazil Both Need to Reduce Dependence on China Imports
On October 19, U.S. Secretary of State Mike Pompeo warned the United States and Brazil both need, for their own security, to reduce their dependence on imports from communist China. At a virtual summit on increased U.S.-Brazil cooperation aimed at post-pandemic recovery, Pompeo underscored the importance of expanding bilateral economic ties, given what he called “enormous risk” stemming from communist China’s significant participation in their economies. He said: “To the extent we can find ways that we can increase the trade between our two countries, we can … decrease each of our two nations’ dependence for critical items” coming from China. He added: “Each of our two peoples will be more secure, and each of our two nations will be far more prosperous, whether that’s two or five or 10 years from now.” The Trump administration is working to boost ties with Brazil and provide a counterweight to the Chinese Communist Party’s (CCP’s) global ambitions. Delegates from the two countries also met to sign a new agreement to boost rules-based trade opportunities.