The tariff offensive of the president of the United States, Donald Trump, against Brazil is having an effect contrary to the intended. This is what evaluates publication of Financial Times This Tuesday (22) entitled “Trump, Emperor of Brazil”. “Trump is helping Lula, not Bolsonaro,” wrote columnist Edward Luce, pointing out that the main damaged by the 50% tariff are sectors that support former President Jair Bolsonaro, such as beef and coffee producers.
Luce points out that the measure “makes no sense or Trump’s own mercantilist terms,” as the US maintains commercial surplus with Brazil and, therefore, “Lula’s country should have been spared from Trump’s” Liberation Day “tariffs.
According to the columnist, upon reaching Bolsonaro’s allies economy, Trump eventually strengthened President Luiz Inacio Lula da Silva. “It is no surprise that Lula’s luck was restored,” he wrote, referring to the positive political impact of the measure on the current Brazilian government.
Luce evaluates that the reaction of the Brazilian government has popular support and gave Lula political breath, citing a speech by the petista: “Trump was elected to govern the US, not to be the emperor of the world.”
The text also mocked the motivation of the White House by adopting the fare as a way to press Brazil to interrupt Bolsonaro’s trial and punish Minister Alexandre de Moraes, responsible for the case. “He punishes the legal system of a sister democracy for applying the law. Bolsonaro awaits trial for his supposed support for a violent attempt to overthrow the Brazilian presidential election of 2021, won by Lula,” says the FT.
“The Parallel Trump-Bolsonaro is unusual. The difference is that Bolsonaro is being held responsible,” says the publication, referring to the attack on the Capitol promoted by Trump supporters after his defeat to Joe Biden on January 6, 2021.
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Luce says Trump’s measure is authoritative in nature. “Trump is using this instrument [tarifas] for whatever you want. And he likes autocrats, ”he wrote. He compared Brazil’s situation to Turkey’s, which, despite having a surplus with the US and arresting political opponents, received a lower rate of 10%.
The analysis of Financial Times reinforces the diagnosis published on Sunday (20) by Washington Postaccording to which.
