ABSTRACT
Since the mid-1970s, u.s.-brazil economic relations have evolved against a continuously tense background. Because of its debt crisis and new global financial circumstances, Brazil became more exposed to international economic pressures. Hence, due to increases in both its asymmetrical interdependence and its external economic vulnerability, Brazil has lost bargaining power vis-à-vis the United States and has become subordinated to a more complex set of interests and pressures.
