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Trade war

US agricultural rival Brazil opposes China trade war

Central banker prefers free trade and lower tariffs despite opportunities

A truck is loaded with soybeans at a farm in Porto Nacional, Brazil. The country competes with the U.S. to export to China.   © Reuters

SAO PAULO -- Brazil's central bank chief predicts that a looming trade war between the U.S. and China would be "not good for any country," even if Chinese barriers to imports of American foodstuffs offer an opening for Brazilian products.

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