Tagged: Brazil

Transcript

LINDA WERTHEIMER, HOST:

Now that President Obama is in Cartagena, he'll begin the conversations about trade and business opportunities in Latin America. But the Summit of the Americas is not the first meeting this week for President Obama and Brazilian President Dilma Rousseff.

On Monday, Rousseff visited the White House. And after this weekend's summit, Secretary of State Hillary Clinton will head to that Brazil's capital, Brasilia.

Another year of growth was enough to edge Brazil past the stagnant United Kingdom in global economic rankings. Agriculture and food processing were the big areas of growth for Brazil.

If you happen to notice sometime later this year that you're suddenly paying a lot more for orange juice, you can blame America's food safety authorities. The U.S. Food and Drug Administration, after several weeks of deliberation, has blocked imports of frozen, concentrated orange juice from Brazil, probably for the next 18 months or so, even though the agency says the juice is perfectly safe.