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China Supports Brazil, Fast-Tracks Mercosur Trade Talks

7/27/2026

30 4 Full Breakdown

Summary

Story summary

Chinese President Xi Jinping told Brazilian President Luiz Inácio Lula da Silva that China supports Brazil’s rejection of external interference.
The leaders agreed to speed up Mercosur-China trade talks covering Brazil, Argentina, Paraguay and Uruguay.
Lula said Brazil will diversify markets amid two U.S. tariff rounds and will expand cooperation with China in AI, satellites, critical-mineral processing and fertilizer trade.

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Story summary

Chinese President Xi Jinping told Brazilian President Luiz Inácio Lula da Silva that China supports Brazil’s rejection of external interference.
The leaders agreed to speed up Mercosur-China trade talks covering Brazil, Argentina, Paraguay and Uruguay.
Lula said Brazil will diversify markets amid two U.S. tariff rounds and will expand cooperation with China in AI, satellites, critical-mineral processing and fertilizer trade.