Quote from: asriloni on July 11, 2025, 04:06:08 PM

To say Trump's tariff to the Brazil caused by economic reason is a complete non sense. In fact, US recorded surplus trade against Brazil. I think the main reasons are two, the first is BRICS, and the second is Bolsonaro.

However, Brazil taxed everything. They taxed foreign tech so high like almost 100%, which is so crazy.

The United States has a trade surplus with Brazil of $7.4 billion in 2024, so it is clear that the tariffs Trump imposed were purely political, not due to the trade deficit as Trump claimed.

I agree with you, BRICS and Bolsonaro are the reason Trump put 50% tariff on Brazil.

Quote from: AmoreJaz on July 11, 2025, 08:31:58 PM

However, we all know that they do need the US market.

That is not entirely true. The US is only Brazil's second largest export market, China is Brazil's largest trading partner. Of which, total export turnover to the US is 56 billion USD and vice versa, the US exports to Brazil is 63 billion USD. It can be seen that both are dependent on each other and need each other. That's why Brazil isn't afraid to take on Trump in the tariff war.