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  3. Trump announces 50% tariff on Brazil over Bolsonaro trial, 'unfair' trade

Trump announces 50% tariff on Brazil over Bolsonaro trial, 'unfair' trade

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  • N [email protected]

    50% on Brazil, same as China. What is so stupid is that it is completely obvious that Trump doesn't have a cohesive strategy for his tariffs. Rather, they're just a convenient weapon he can wield as a bully. Why should any American not want a country to criminally prosecutes their corrupt former leader, let alone pay higher taxes on goods as a result? Eventually, this raising of taxes on Americans with tariffs on foreign goods will have a bigly negative impact on the U.S. economy.

    pp_boy_@lemmy.worldP This user is from outside of this forum
    pp_boy_@lemmy.worldP This user is from outside of this forum
    [email protected]
    wrote last edited by
    #4

    Don't forget that Brazil is one of the few countries that the US has a positive trade imbalance with. The stated goal of the tariffs was always balancing trade, this is explicitly political strong-arming.

    C 1 Reply Last reply
    22
    • N [email protected]

      50% on Brazil, same as China. What is so stupid is that it is completely obvious that Trump doesn't have a cohesive strategy for his tariffs. Rather, they're just a convenient weapon he can wield as a bully. Why should any American not want a country to criminally prosecutes their corrupt former leader, let alone pay higher taxes on goods as a result? Eventually, this raising of taxes on Americans with tariffs on foreign goods will have a bigly negative impact on the U.S. economy.

      gsus4@mander.xyzG This user is from outside of this forum
      gsus4@mander.xyzG This user is from outside of this forum
      [email protected]
      wrote last edited by [email protected]
      #5

      Yeah, I feel somewhat guilty for trumpposting, but threatening Brazil for handling with its own internal politics is the lowest of the low for any country. Disgusting, even for him.

      I'd just try to replace every USA import with a chinese equivalent if I were Lula and divert e.g. meat exports to China and the EU. That would be fun to watch https://www.datamarnews.com/noticias/brazils-beef-exports-to-the-u-s-soar-by-498-despite-trumps-tariffs/ muricans without hamberders.

      L 1 Reply Last reply
      9
      • gsus4@mander.xyzG [email protected]
        This post did not contain any content.
        lemmyoutofhere@lemmy.caL This user is from outside of this forum
        lemmyoutofhere@lemmy.caL This user is from outside of this forum
        [email protected]
        wrote last edited by
        #6

        Whatever TACO.

        1 Reply Last reply
        1
        • A [email protected]

          On the upside, the rest of the world seems to be decoupling, selling bonds, and generally just avoiding the US so hopefully the Economic nuke dropped on them will have minimal fallout on the rest of us.

          I say "minimal fallout" knowing it is going to be a fucking disaster for everyone, but hoping for the best.

          rhaedas@fedia.ioR This user is from outside of this forum
          rhaedas@fedia.ioR This user is from outside of this forum
          [email protected]
          wrote last edited by
          #7

          "Why doesn't anyone want to trade with us anymore?" - Trump

          I don't know, man. Can't be anything you did, right?

          C 1 Reply Last reply
          0
          • gsus4@mander.xyzG [email protected]
            This post did not contain any content.
            M This user is from outside of this forum
            M This user is from outside of this forum
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            wrote last edited by
            #8

            Remember the kids who rode the short bus to school? Once in a while, some of these kids would be in your class and sometimes they'd have an episode. Everyone would ignore them and let them settle down.

            That's America to the rest of the world now. Trump has made America the kids on the short bus.

            1 Reply Last reply
            1
            • gsus4@mander.xyzG [email protected]
              This post did not contain any content.
              S This user is from outside of this forum
              S This user is from outside of this forum
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              wrote last edited by
              #9

              He’s trying to interfere in other country’s legal systems now.

              Isn’t just fucking with America enough for this dipstick?

              b_tr3e@feddit.orgB 1 Reply Last reply
              8
              • gsus4@mander.xyzG [email protected]
                This post did not contain any content.
                theacharnian@lemmy.caT This user is from outside of this forum
                theacharnian@lemmy.caT This user is from outside of this forum
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                wrote last edited by
                #10

                You don't get to bail out your fascist friends, Donnie.

                Hold the line Lula!

                1 Reply Last reply
                4
                • S [email protected]

                  He’s trying to interfere in other country’s legal systems now.

                  Isn’t just fucking with America enough for this dipstick?

                  b_tr3e@feddit.orgB This user is from outside of this forum
                  b_tr3e@feddit.orgB This user is from outside of this forum
                  [email protected]
                  wrote last edited by
                  #11

                  The US have been doing that for a long time. Think of the DMCA or even the first opium conference (1910). Trump is just loudmouthedly open about it instead of talking between the lies. And, of course, everyone in his right mind hates him.

                  1 Reply Last reply
                  9
                  • rhaedas@fedia.ioR [email protected]

                    "Why doesn't anyone want to trade with us anymore?" - Trump

                    I don't know, man. Can't be anything you did, right?

                    C This user is from outside of this forum
                    C This user is from outside of this forum
                    [email protected]
                    wrote last edited by
                    #12

                    He'll never admit it. He'll blame immigrants or the gays or the trans or the woke or the Jews or the liberals or Biden or Obama or the Clintons.

                    Never himself.

                    1 Reply Last reply
                    1
                    • N [email protected]

                      50% on Brazil, same as China. What is so stupid is that it is completely obvious that Trump doesn't have a cohesive strategy for his tariffs. Rather, they're just a convenient weapon he can wield as a bully. Why should any American not want a country to criminally prosecutes their corrupt former leader, let alone pay higher taxes on goods as a result? Eventually, this raising of taxes on Americans with tariffs on foreign goods will have a bigly negative impact on the U.S. economy.

                      A This user is from outside of this forum
                      A This user is from outside of this forum
                      [email protected]
                      wrote last edited by
                      #13

                      Why should any American not want a country to criminally prosecutes their corrupt former leader

                      Because we don't criminally prosecute our corrupt former leaders, we re-elect them.

                      1 Reply Last reply
                      1
                      • gsus4@mander.xyzG [email protected]
                        This post did not contain any content.
                        C This user is from outside of this forum
                        C This user is from outside of this forum
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                        wrote last edited by
                        #14

                        Tropico has ceased trading with a certain major superpower! The Palace's statement? 'They don't trade fair, so neither will we.'

                        M 1 Reply Last reply
                        6
                        • N [email protected]

                          50% on Brazil, same as China. What is so stupid is that it is completely obvious that Trump doesn't have a cohesive strategy for his tariffs. Rather, they're just a convenient weapon he can wield as a bully. Why should any American not want a country to criminally prosecutes their corrupt former leader, let alone pay higher taxes on goods as a result? Eventually, this raising of taxes on Americans with tariffs on foreign goods will have a bigly negative impact on the U.S. economy.

                          K This user is from outside of this forum
                          K This user is from outside of this forum
                          [email protected]
                          wrote last edited by
                          #15

                          Wait, wasn’t it 30% on China? I am lost

                          redseries@lemmy.blahaj.zoneR 1 Reply Last reply
                          2
                          • C [email protected]

                            Tropico has ceased trading with a certain major superpower! The Palace's statement? 'They don't trade fair, so neither will we.'

                            M This user is from outside of this forum
                            M This user is from outside of this forum
                            [email protected]
                            wrote last edited by
                            #16

                            Fuckin anno I don't love how much I love capitalism the game but goddamnit it's just so good.

                            1 Reply Last reply
                            1
                            • K [email protected]

                              Wait, wasn’t it 30% on China? I am lost

                              redseries@lemmy.blahaj.zoneR This user is from outside of this forum
                              redseries@lemmy.blahaj.zoneR This user is from outside of this forum
                              [email protected]
                              wrote last edited by
                              #17

                              I think the percentage changes based on when they last changed his diaper.

                              1 Reply Last reply
                              1
                              • N [email protected]

                                50% on Brazil, same as China. What is so stupid is that it is completely obvious that Trump doesn't have a cohesive strategy for his tariffs. Rather, they're just a convenient weapon he can wield as a bully. Why should any American not want a country to criminally prosecutes their corrupt former leader, let alone pay higher taxes on goods as a result? Eventually, this raising of taxes on Americans with tariffs on foreign goods will have a bigly negative impact on the U.S. economy.

                                J This user is from outside of this forum
                                J This user is from outside of this forum
                                [email protected]
                                wrote last edited by
                                #18

                                It's more insane than that. 55% is only on certain items from China. Most are at 35%. So effectively Brazil would be higher. The craziest is they're higher for purposes of political interference from USA...

                                T 1 Reply Last reply
                                0
                                • gsus4@mander.xyzG [email protected]
                                  This post did not contain any content.
                                  P This user is from outside of this forum
                                  P This user is from outside of this forum
                                  [email protected]
                                  wrote last edited by
                                  #19

                                  Gee whiz, don’t you miss the days when the US government was more covert in their interference in Latin American countries’ affairs? The CIA contracted out their dirty work or had no-name agents do it for them. At least it’s as plain as day.

                                  I hope California and Cascadia can secede before the US gets its nasty karma. Not all of us should pay.

                                  gsus4@mander.xyzG 1 Reply Last reply
                                  5
                                  • P [email protected]

                                    Gee whiz, don’t you miss the days when the US government was more covert in their interference in Latin American countries’ affairs? The CIA contracted out their dirty work or had no-name agents do it for them. At least it’s as plain as day.

                                    I hope California and Cascadia can secede before the US gets its nasty karma. Not all of us should pay.

                                    gsus4@mander.xyzG This user is from outside of this forum
                                    gsus4@mander.xyzG This user is from outside of this forum
                                    [email protected]
                                    wrote last edited by [email protected]
                                    #20

                                    In 64, yes. In the last election, no. Biden expressly told Bolsonaro's toadies to go fuck themselves with their coup. Hopefully, Brazil has had time to set up protections against the US gov meddling from now until their next election.

                                    PS: you can access the article if you go through this reddit page https://www.reddit.com/r/foreignpolicy/comments/14faga9/the_discreet_us_campaign_to_defend_brazils/

                                    1 Reply Last reply
                                    0
                                    • gsus4@mander.xyzG [email protected]
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                                      wrote last edited by
                                      #21

                                      Dedollarization speedrun any%

                                      gsus4@mander.xyzG 1 Reply Last reply
                                      4
                                      • S [email protected]

                                        Dedollarization speedrun any%

                                        gsus4@mander.xyzG This user is from outside of this forum
                                        gsus4@mander.xyzG This user is from outside of this forum
                                        [email protected]
                                        wrote last edited by
                                        #22

                                        Yeah, dollar reserves have lost about 11% this year. https://www.tradingview.com/symbols/TVC-DXY/?timeframe=60M

                                        1 Reply Last reply
                                        0
                                        • gsus4@mander.xyzG [email protected]
                                          This post did not contain any content.
                                          T This user is from outside of this forum
                                          T This user is from outside of this forum
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                                          wrote last edited by
                                          #23

                                          distraction from his epstein files situation, nice try trump.

                                          1 Reply Last reply
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