During their first sit-down, President Trump and Brazil’s new far-right leader, President Jair Bolsonaro, arranged to sign several bilateral agreements, including one that lets the United States use Brazil’s Alcantara Aerospace Launch Base for satellites. According to CBS, Trump said the U.S. will finalize an agreement with Brazil to be able to launch into space from the South American country’s north coast. CNBC reported that the space technology safeguard agreement also would bring U.S. companies one step closer to launching from Brazil. The Bolsonaro administration is seeking to reduce public-sector spending and privatize state enterprises to reduce debt and grow the economy. “We’re very inclined to do that,” Trump told reporters, describing the relationship between the two countries as better than ever.

Source: Fox News March 19, 2019 20:53 UTC