Lula also emphasized that over the past 15 years, the United States brought an excess of commercial balance in the amount of 350 billion euros. He wanted to emphasize that this trade conflict was not related to such economic issues as an imbalance in the exchange of goods. Trump loves to call this to justify steps against Europe and Germany.
Trump is his old friend, Brazilian former President Jar Bolsonaro. He must answer in court, because after a defeat in the elections in 2022, he, as they say, planned a coup d’etat against the government of his successor Lula. “This process should not take place,” Trump wrote on his social platform of truth. “This is a witch hunt that should end immediately!” “Immediately” he wrote with title letters. Trump received Bolsonaro in 2020 during his first period at his Mar-A-Lago estate in Florida.
Right autocrates have much in common: in 2023, Trump himself was accused of trying to overturn the result of the 2020 presidential elections, which he lost. Lula defended the Brazilian judicial system and the division of powers: “Brazil is a sovereign country with independent institutions that will not patronize,” the president emphasized.
“We do not want the emperor”
Trump also tied the decision of the Supreme Court in Brazil, groups of social networks from the United States, such as X and META for illegal content from its users, with its customs hammer. The temporary blockade of platforms in Brazil coincides with “censorship,” he criticized. He will have these unfair trade practices examined in the United States.
The scandal between the socialist lula and the republican Trump has already appeared on Sunday. Trump insulted the heads of state of the developing suburban club BRICS as “anti-American” in Rio de Janeiro and threatened tariffs. Lula immediately opposed Trump: “We do not want the emperor.”
If the Brazilian goods in the United States were more expensive, trade in many industries will probably stop. The United States for Brazil is still the second largest trading partner in China. Brazil is only 15 for the United States, but is an important supplier, for example, from the price of price goods, such as coffee and orange juice, as well as products for raw oil and iron ore.
Brazil’s food industry is awaiting significant influence on US consumers. The Association of Exporters of Coffee Coffee also stated that the burden of customs will carry US users. The Association of citrus exporters, Citrusbr, explained that this measure corresponds not only to Brazil, but also to the US juice. Brazil is the world’s largest coffee producer and delivers about a third of coffee consumed in the United States. In addition, more than half of the orange juice sold in the United States comes from a South American country.
The most important copper exporter is Chile
Trump also announced another step in his customs hostility on Wednesday: since the beginning of August, the United States also want to collect 50 percent of copper imports. Metal is “the second most common material of the Ministry of Defense,” Trump said. Copper is used to produce aircraft, ammunition and semiconductors. Trump explained that this decision was a “thorough assessment of national security.”
Metal is used for solar modules, wind turbines and in batteries of electric vehicles and necessary for switching to renewable energy in many countries. The International Energy Agency believes that by 2035 global copper consumption will increase by more than 25-33 million tons.
The most important exporter is Chile. 38 percent of copper entered in the United States came from the country, last year it was an import of six billion dollars. While President Gabriel Borich only carefully commented, China came up with bitter criticism. The Ministry of Foreign Affairs in Beijing explained that no one would benefit from Trump’s “arbitrary” tariffs. “We have always talked against the concept of national security against tugs.”
For steel and aluminum products, the United States is already increasing by 50 percent. 25 percent are applied to cars. Experts skeptically commented on Trump’s care to create a national copper industry: this will take years. ((With agencies))))))
