Some say it's politically motivated retaliation, while others believe it's a way to economically target a country that, under its current government, has been favoring dictatorships and communists, attacking freedom of expression, and going after American companies, especially those in the tech sector. So, what do you think about this?
Brazil is not a dictatorship country but the country is part of BRICS, so United States will be referring to Brazil getting closer to countries like China, Russia and Iran which are part of BRICS countries. Trump is doing this after the BRICS summit which was just held last week in Brazil. I think United States does not need to be hostile Brazil like this.
Every action Trump takes is aimed at maintaining his dollar hegemony. It's perfectly normal for the dollar to see the Brics' holding of reserves and the detailed development of their economies as a threat. Don't these countries discuss alternatives to the dollar at every Brics meeting? They do so every time.
Brazil will not remain silent in the face of this tax increase and will raise taxes in Brazil in response. Simultaneous trade wars with numerous countries are damaging US relations with its allies and will further damage them. The US's involvement in trade wars, economic protectionism, and attempts to maintain dollar hegemony don't appear to be going well for Trump at the moment.