The US tariffs on Brazil are essentially a struggle for hegemony in South America. Brazil is a challenger in the South American region, and the US must suppress Brazil to strengthen its own position!
Brazil has received 50% tariff benefits from the US, which is a huge number for Brazil. It is also the highest tariff figure so far. However, it's not a big deal, as Brazil has a trade deficit with the US, meaning that Brazil imports more goods from the US than it exports to the US. Therefore, Brazil can also impose trade sanctions on the US, although it hasn't been announced yet.
Brazil's strength is unparalleled in South America. However, Brazil has been greatly troubled by the US in recent years, especially deindustrialization, which has made Brazil very uncomfortable. The reason Brazil hasn't risen is because of the US's series of actions in Latin America, which have caused the entire Latin American economy to collapse and suffer. Latin America has not had a developed country to date, because the US treats Latin America as its backyard and does not allow any Latin American countries to rise.
It can be seen that Venezuela is now economically unstable, and Brazil is also not doing well under various US sanctions. Argentina has basically submitted to the West, and in order to restore development, it has sold its state-owned enterprises, effectively handing its fate over to the Western market.
Brazil is a large country, with an area not much smaller than the US, and a population of more than 200 million. It is also a country with the demeanor of a major power, with a huge scale. Therefore, it is a huge opponent that the US fears, and it has been sanctioning Brazil in various ways. In fact, in the entire Americas, only Brazil can challenge the US's position, as it has a sufficient scale.
If the US slightly eases its pressure on Brazil, then Brazil will truly rise. Currently, Brazil is the most important country in the BRICS group for de-dollarization. It is much more determined than India. Now, China, Brazil, and Russia have the strongest ability to de-dollarize, while India is fickle and unreliable.
Brazil will still have trade confrontations with the US, and it will be just as strong as us!
Original article: https://www.toutiao.com/article/1837809130764298/
Statement: This article represents the views of the author.