US tariffs: Why South America is benefitting

As the US trade war with China continues to rock global markets, one region has emerged as a major beneficiary: South America. Countries like Brazil, which is a major exporter of soybeans and other crops, have stepped in to fill the void left by American farmers, as sky-high tariffs force China to import food from other sources. But what could this shift to South American suppliers mean for other agricultural exporters like Australia? Guest: Jorge Arbache, Professor of Economics, University of Brasilia and former Chief Economist at Brazil's Ministry of Planning Producers: Oscar Coleman, Brooke Young