China is the top commercial partner for Brazil, Chile, Peru, and Uruguay, and the U.S. trade dispute is further binding those ties.
Recent reforms have helped improve Brazil's business environment. Further changes could do away with the "Brazil cost" once and for all.
Ernesto Araújo's appointment is a victory for the pro-Trump faction in Bolsonaro's government. But he’ll face powerful internal enemies.
Is Brazil’s environment in danger under Jair Bolsonaro?
There are political and technical obstacles to a deal, but a free trade agreement would benefit both countries.
"Veo posibilidades de una gran confrontación de la sociedad brasileña", dice Brian Winter de AS/COA sobre la llegada de Bolsonaro al poder en Brasil.
"Talvez tenhamos mais liberdade do que alguns de nossos colegas locais," analisa Brian Winter, da AS/COA, na Folha de S. Paulo, sobre a cobertura de Jair Bolsonaro na imprensa estrangeira.