China and Brazil pledged on Tuesday to defend free trade and multilateralism, signing a string of agreements in Beijing to strengthen their ties amid global uncertainty triggered by U.S. President Donald Trump's import tariffs.

At news conference in Beijing, Lula says US does not need to be ‘big boss’ or ‘world policeman’ - Anadolu Ajansı

While a plan to create a faster Pacific Ocean route for Brazil-China trade has been under consideration since 2014, it was originally intended to move via Chile. The development of the Chancay Port and other infrastructure in the past few years has opened the door to the new route via Peru.

U.S. soybean exports may drop 20% and the prices paid to farmers will plunge if the United States and China fail to resolve their trade dispute limiting U.S. soybeans from their largest market, agribusiness consultants AgResource said on Wednesday.

The relationship between China and Brazil will be unbreakable, for both sides need each other; and as long as the two countries join hands, the Global South will gain unprecedented respect in the world,

The trade war has heightened China’s need to develop gateways to import the continent’s soybeans, corn and other foodstuffs that are the only viable alternative supply to U.S. exports.

SINGAPORE (Reuters) - Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian crude over the past year, according to two tanker tracking firms, company documents and four traders, helping buyers to cut logistics costs and circumvent U.S. sanctions.

The People's Bank of China (PBC), the central bank, and the Central Bank of Brazil on Tuesday signed a memorandum of understanding on financial strategic cooperation and renewed their bilateral local currency swap agreement.

Chinese leader Xi Jinping has taken aim at “bullying” and “hegemonism,” in his first public remarks since a temporary truce over tariffs was agreed in the trade war between the United States and China.