LatinNews Daily - 04 July 2018

In brief: Brazil

*Brazil registered an accumulated trade surplus of US$30.055bn in the first half of 2018, down 17% on the same period last year, but still the second-highest since records began in 1989. Exports totalled US$113.83bn, up 5.7% on the first half of 2017, while imports amounted to US$83.78bn, up 17.2% year-on-year. In June alone, the trade surplus was US$5.88bn, down 18.1% on June last year, due in no small part to the 11-day truckers’ strike at the end of May. The government claims that the truckers’ strike cost the Brazilian economy some US$4.28bn.