from babysandpiper@sopuli.xyz to world@lemmy.world on 11 Jul 11:16
https://sopuli.xyz/post/30231011
Brazilian president says ‘if he charges us 50%, we’ll charge him 50%’ after Trump cited trial of Bolsonaro to justify tariff
Brazil threatened to hit back against Donald Trump’s plan to introduce 50% tariffs on its exports with its own 50% tariff on US goods, setting the stage for a precipitous trade war.
“If he charges us 50%, we’ll charge him 50%,” Luiz Inácio Lula da Silva, the Brazilian president, told local news outlet Record, a day after Trump threatened to impose steep duties on Brazilian goods and accused the country of conducting a “witch-hunt” against its former president Jair Bolsonaro, who is facing a trial over his attempt to overturn his 2022 election defeat.
Brazil could appeal to the World Trade Organization, propose international investigations and “demand explanations”, Lula suggested. “But the main thing is the Reciprocity Law, passed by Congress,” he told Record, referring to recent legislation designed to defend Latin America’s largest economy from tariff attacks.
#world
threaded - newest
Good. The US doesn’t understand anything else. The more countries call the bluff and just fight back, the more the US will screw over itself, while strengthening ties between everyone else.
Shame on some EU countries and companies that chose to let Trump dictate them instead. It will only lead to worse demands from the US.
And the UK too
Why is it China and Brazil who are the first to throw down with the US while the rest of the west who is the most betrayed by Trump are humbled and sucks his dick?
Is it just that we in the west see it easier to try and manipulate him vs tackle him head on?
Part of BRICS is about bypassing use of the U.S. dollar. And with the U.S. dollar faltering right now it’s the best time to shove it back at us and let the U.S. make mistakes with trade partners. Also Brasil didn’t do anything to the U.S. to get these threats. Also I believe Brasil made a recipretory law for just this purpose within the last year. So the Trump administration knew they would receive tarrifs back.
<img alt="" src="https://lemmy.world/pictrs/image/a4a665f7-13a7-4e2d-b891-b87fd2d55cfa.jpeg">
Lula’s popularity was also very low and it was a serious concern for next year’s election.
We were already seeing some changes in discourse from his government to try to recover from it, and Trump just handled him a perfect opportunity to show some backbone and win back part of the electorate.
Tarcicio, the rights most likely candidate is going to be in a hard spot from now on, he sides with Brazil against US interference on local issues and lost Bolsonaro and his lackies support, or sides with the US and Bolsonaro and strengthen Lulas position as the only one capable of defending Brazil’s sovereignty
Yeah, it’s entirely possible that Trump has just given next year’s election to Lula on a silver platter.
Maybe they can form the Western Hemisphere anti-cunt organization with Canada and Mexico (WHACO) against indiscriminate tariffs and political interference.
Because Europe, Canada, Australia want to keep options open instead of throwing their lot with China, which they see as a potential threat too. Brazil has little to lose, because the only threat to them right now is the US and their Bolsonarist bitches.
Lula has more balls than Carney.
Yeah if there’s one thing this administration really respects is investigations.
The WTO is completely useless now after the US stopped approving new judges to the appellate courts after the courts keep siding with China.
Looks like tramp wants the US to grow its own chocolate and coffee…genius. No more cheap hamberders either.
So he should. Tarrifs should be reciprocal.