Why the China-US trade war truce could be a raw deal for Brazil’s soybean farmers
- December 4, 2018
- Gustavo Oliveira, global and international studies, via South China Morning Post and TheStreet, Dec. 4, 2018
“Instead of being a boon for the Brazilian farmers, [the deal] would be a total bane,” said Gustavo Oliveira, assistant professor of global studies at the University of California, Irvine. … “Farmers are used to dealing with the uncertainty of the weather, and some uncertainty in international markets is expected, but 25 per cent up or down on the price of one of the world’s two largest producers is really dramatic uncertainty. And the possibility that this could be removed, exactly as Brazilian crops go on the market, that’s what’s frustrating for everyone,” he said.
For the full story, please visit https://www.scmp.com/news/china/diplomacy/article/2176373/why-china-us-trade-war-truce-could-be-raw-deal-brazils-soybean.