Brazil's economics minister argued the U.S. regularly makes trade deals with countries like Venezuela and China, then criticizes other nations for doing the same.
"You have the French, the Spanish, the Americans and the Chinese are investing in Brazil. Everybody is investing in Brazil," Guedes said."Brazil now is the widest investment frontier open in the world, is a safe harbor for investments."
"When Nixon and Kissinger touched China, they could have touched Brazil, for instance, and Latin America. But the idea was to win the Cold War," Guedes said. "We like a lot of the U.S., but you guys have been down with the Chinese for 40 years, and now you got upset with each other, and we have been dancing with nobody for 20 or 30 years," he explained."We closed our economies. So now we are opening the economy and receiving investment from all over the world.
Guedes noted that"I doubt that any geopolitical pressure would work against us at all." He added,"If there is a war or something, they should be aware of what we could do with their investments there and not the other way around, and I believe who trades does not like war."
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