Trump’s tariff war pushes Brazil’s trade towards China as US share hits record low

The US share of Brazilian exports fell to its lowest level since 1997 in the first half of 2026, while China widened its lead as the country’s top trading partner, according to the American Chamber of Commerce for Brazil, whose report landed as Washington held public hearings on a proposed new round of tariffs against Brazilian goods.

American buyers took 9.4 per cent of Brazilian exports between January and June, down from 12.1 per cent a year earlier and the smallest share in the chamber’s...