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The article reports concerns on Mexico's trade conflict with Brazil. It mentions that the former has sent a high-level ministerial and diplomatic delegation to the latter for saving a trade agreement which worth billions of dollars to the bus, truck and automotive industries in both nations. It also notes that the said deal known as the Economic Complementation Agreement 55 or Ace 55 had permitted auto trade between them to rise to $2.5 billion.

The article offers information on the implication of the loss of Air France flight AF447 contact to the relationship between Brazil and Senegal. It mentions that the incident resulted to the rift between the two countries. Investigation results reveal that the loss of the aircraft indicate that it failed to respond to radio calls after if left the Brazilian airspace and several hours passed while air traffic controllers tried to determine its position.

The article reports on an agreement signed by U.S. President George W. Bush with Brazil to set international standards for ethanol. The agreement manifests that the U.S. is considering the use of alternative fuels. The author mentioned that Brazil implement a policy aiming to subsidize the production of cheap ethanol from sugar cane.

Reports on the decision of the Office of the U.S. Trade Representative to postpone action on a request to penalize Brazil for rampant copyright violation. Citation of some initial positive steps taken by the Brazilian government against piracy; Extension of the review of a request filed by the International Intellectual Property Alliance to suspend preferential trade benefits for Brazil; Establishment of the National Council to Combat Piracy and Intellectual Property Crimes by the Brazilian government.

Reports that the Office of the U.S. Trade Representative is likely to appeal a decision of a World Trade Organization (WTO) panel ruling that U.S. cotton producers injured Brazil's cotton producers. Comments from Ambassador Richard Zoellick before the U.S. House Agricultural Committee, regarding the plans of the Office to appeal the WTO's decision; Reasons why Brazil filed a complaint, focusing on Step 2 of the farm law's Three-Step Competitiveness program that encouraged U.S. farmers to increase production of cotton; Comments from Representative Randy Neugebauer (R-Texas) in defense of U.S. cotton policy; Response of the National Cotton Council, a group concerned that the final WTO decision meets the intent of the Uruguay Round Agricultural Agreements.