US and Brazil must reduce dependence on China imports: Pompeo
Reuters / Oct 20, 2020, 14:32 IST
BRASILIA/WASHINGTON: US Secretary of State Mike Pompeo warned on Monday that as the United States and Brazil reinforce their business partnership, they need to reduce their dependence on imports from China for their own security.
At a virtual summit on increased U.S.-Brazil cooperation aimed at post-pandemic recovery, Pompeo underscored the importance of expanding bilateral economic ties, given what he called "enormous risk" stemming from China's significant participation in their economies.
"To the extent we can find ways that we can increase the trade between our two countries, we can ... decrease each of our two nations' dependence for critical items" coming from China, he said.
"Each of our two peoples will be more secure, and each of our two nations will be far more prosperous, whether that's two or five or 10 years from now," he added.
More:
https://timesofindia.indiatimes.com/world/us/us-and-brazil-must-reduce-dependence-on-china-imports-pompeo/articleshow/78765669.cms
