President Donald Trump said Wednesday the U.S. will slap a 50% tariff on Brazil’s imports, partly in retaliation for the ongoing prosecution of the country’s former president, Jair Bolsonaro.
Trump said the new tariff — a massive jump from the 10% rate the U.S. imposed on Brazil in early April — was also spurred by the “very unfair trade relationship” with the country, calling it “far from Reciprocal.”
The U.S. is also launching an investigation into potential unfair trade practices by Brazil, Trump said in a letter to Brazil’s current president, Luiz Inacio Lula da Silva.
The probe is based on “Brazil’s continued attacks on the Digital Trade activities of American Companies,” Trump wrote in the letter, which he shared publicly in a Truth Social post.
Yup, everyone in the Brazilian left thinks Trump just presented them a gift. Trump's tariffs will hit the most reactionary capitalist sector in Brazil which is the Agribusiness. We have a big opportunity in Brazil to push a discourse of sovereignty, of non-alignment with the US and forging closer ties with the BRICS.
The problem right now is how the Workers' party will take advantage of it. Lula and the rest of the leaders of the party have shown again and again that they are a bunch of spineless cowards afraid of any conflict with the financial capitalist class. Aside from symbolic gestures, I'm skeptical on how this event is going be used politically.
According to SputnikGlobe, there are some organizations rallying against Trump's 50% tariffs ->
Translation:
Do you have any information on this? Is this widespread or is just un Sao Paulo?
This is just in São Paulo for the moment. I think the main purpose of the act wasn't even the Trump's tariffs, but they are simply using the momentum right now.
I really wish the best for our brazilian comrades. Something really has to change.
I wish the radical left could launch a presidential campaign for next year. That would help to tip the scales of the political debate. The problem is that currently there is too much ego. I was just listening to Jones Manoel this morning, and he was calling the parties out for their sectarian behavior.