Authorities from Brazil and China signed this week an agreement to start the studies for the construction of a railway connecting the Atlantic and Pacific Oceans, which would bring South America's largest country closer to the Asian giant trade-wise.

Proposal would connect Brazil’s Atlantic Ocean coast to Peru’s Pacific port of Chancay, cutting shipping times to Asia by up to 12 days.

China’s new travel policy took effect, granting citizens from Argentina, Brazil, Chile, Peru, and Uruguay visa-free entry for up to thirty days. Chinese state-backed firms are negotiating

China and Brazil signed a memorandum of understanding to study a transcontinental railroad connecting Peru's Pacific coast with Brazil's Atlantic coast, as part of a strategic export route, Brazil's Ministry of Transport said on Tuesday.

President Donald Trump sent out a slew of letters Wednesday to some global trading partners, advising them of tariff levels as high as 50% for their exports to the United States.

The project will be carried out by Infra S.A., a state-owned company under Brazil’s Ministry of Transport, and the China Railway Economic and Planning Research Institute.

China's BYD is poised to start assembling electric vehicles at a new factory in Brazil as early as this month, a top executive said, reducing imports as tariffs start to rise in its largest foreign market.

Trump said, China doesn’t "have a lot of wind farms. … Very, very few." China has a lot of wind farms, ranking No. 1 globally and almost tripling what the U.S. has. China is also planning or building more wind farm capacity than any other country.

President Trump is pushing through with his tariff agenda, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.

By Lisandra Paraguassu RIO DE JANEIRO (Reuters) -China has signaled to the Brazilian government that it will invest in the Tropical Forests Forever Facility, a multilateral mechanism funding conservation of endangered forests around the world,