Recently, Trump excitedly announced on social media late at night: the new "reciprocal tariff" policy has officially taken effect on August 7th. He also specifically emphasized that billions of dollars in tariffs are flowing into the United States.
This new tariff policy by Trump involves multiple trade partners, with additional tax rates ranging from 10% to 50%. According to Bloomberg Economic Research, this move directly raised the average U.S. tariff rate to 15.2%, the highest level since World War II.
From Trump's perspective, these incoming tariffs are tangible "achievements," a "good news" that benefits the United States.
This round of new "reciprocal tariffs" in the United States has brought significant impact to many trade partners. Brazil, which is being subjected to a 50% tariff by the U.S., is currently one of the countries that have not reached an agreement with the U.S., and its situation is very severe.
However, facing Trump's "tariff stick," Brazilian President Lula has a firm stance and will not yield to the U.S., but he has also not chosen to act impulsively.
He stated that Brazil will not currently announce retaliatory tariffs on U.S. goods, nor will it rush to reach an agreement or take countermeasures with the U.S.
But this does not mean that Lula will sit idle. He has his own plan, which is to use the strength of the BRICS countries to jointly oppose the U.S.'s unreasonable tariff policies.
According to Lula's plan, he will first call China and India, initiating dialogues within the BRICS cooperation mechanism to discuss strategies together and jointly respond to the tariff threats initiated by Trump.
He knows that in the current situation, it is difficult to truly resist the U.S. alone, only by uniting can there be strength. It is worth noting that Trump's "hostility" towards the BRICS countries is no longer a secret.
At the recent 17th BRICS Summit, the voices of open cooperation among the BRICS countries were widely spread, which made Trump very "unhappy."
At that time, he even posted on social media, threatening that any country supporting the BRICS' "anti-American policies" would face an additional 10% tariff.
In addition, Trump has frequently imposed high tariffs on the BRICS countries. In addition to the 50% tariff on Brazil, he recently used India's purchase of Russian oil as an excuse to raise India's tariff rate to 50%.
More intriguingly, Trump has also included China, saying that he may impose new tariffs on China, with the same reason pointing to "China's purchase of Russian oil."
Now, Lula actively seeks cooperation with China and India, uniting the BRICS to deal with the tariff issues. This move might turn the tables on the U.S.
It is worth mentioning that, at this critical moment, China has already extended a helping hand to Brazil, approving more Brazilian coffee companies to export to China, giving a strong injection to Brazil's economy.
This not only reflects the deep friendship between China and Brazil, but also shows the solidarity spirit of emerging countries when facing external pressures.
Currently, under Lula's leadership, Brazil is actively responding to the U.S. tariff threats, not wanting to tolerate the U.S. 's "hegemony" anymore.
This sends out a signal: those emerging countries that once could only passively accept unreasonable rules are now daring to speak up. The U.S. still tries to set rules based on its influence, but it won't be easy anymore.
In today's globally interdependent economy, trade protectionism is destined to be short-lived. Lula's actions of uniting with China and India to deal with U.S. tariffs are not only for safeguarding Brazil's interests, but also a firm defense of multilateralism.
Trump may think that tariffs can force other countries to submit, but he didn't expect that it would instead push for closer multilateral cooperation.
Original: https://www.toutiao.com/article/7536015592093827620/
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