BRASILIA - As U.S. tariffs on Brazilian goods jumped to 50% on Wednesday, Brazil's President Luiz Inacio Lula da Silva told Reuters in an interview that he saw no room for direct talks now with U.S. President Donald Trump that would likely be a \"humiliation.\" Read more at straitstimes.com. Read more at straitstimes.com.
Unlike China Brazil doesn’t have as much leverage, but taco showed us that over and over again that even if you surrender he will still hurt you.
Japan is example. During his first term they accepted unfair deal hoping that won’t have to worry about it and he still hurt them.
Domestically people and institutions see the same, for example UCLA bent the knee, and right now there’s article he still cut research grants to them.
Sad thing is that still almost no one seen to learn from mistakes from others, they think that perhaps they are special and things will be different.
Same for Europe, negotiated to buy billions in weapons to get 15% tariffs, then a week later he threatens 35%.
Fuck that
Brasil top exports is oil, minerals, sugar and coffee.
The first two can easily find a market somewhere else, while can Americans live without sugar and coffee?
what I am concerned about, is what if the USA had the idea of placing export tariffs to brazil? this could be potentially way harder on brazil since Brazil actually has a trade deficit with USA, yes some other place like Portugal can try to buy USA goods and resell to Brazil to avoid the tariffs but that still increases the price by a lot. IIRC a very important import from the USA that brazil has is fertilizer, Russia may have biggest supply of the raw resources, the but USA still is one of the biggest producers, and Brazil buys a lot of it
Now we just need to figure out how to get those coffee beans from Brazil to Canada without a stop over in shithole country.
All of my favorite beans come from Brazil and the prices are all ridiculous because they’re getting passed through the US. Or at least that’s what my coffee roaster says.