How did the Treaty of Tordesillas “salvage” Portugal’s claim to lands in the New World (Western Hemisphere)?

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Answer:

Hoping to salvage Portugal's Atlantic holdings, King João II began negotiations with Spain. The resulting Treaty of Tordesillas in 1494 drew a north-to-south line through South America; Spain gained territory west of the line, while Portugal retained the lands east of the line, including the east coast of Brazil.

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