Brazil's attitude shows a subtle shift? On August 3 local time, Brazilian President Lula said that Brazil will not bow to Trump's political pressure, but is willing to conduct trade negotiations with the United States, provided that "negotiations are conducted on equal terms."
Previously, the US took tough measures against Brazil, launching a "combination punch" of trade and political actions that triggered a strong reaction from Brazil. On July 31, Trump signed an executive order to impose a 40% tariff on Brazil, bringing the total tariff to 50%; the next day, he showed goodwill by saying "I am always available to talk," which Brazil viewed as a pressure tactic. Lula responded strongly at the time, saying "we are not intimidated," and announced "retaliatory measures in kind," while condemning the US for interfering in the judicial investigation targeting former President Bolsonaro, who is known as the "Brazilian Trump."
Just two days later, Lula's statement showed a tendency towards negotiation. Whether this shift is a compromise due to pressure or a tactical move to retreat and advance is still uncertain, but it clearly reflects the difficult situation of emerging economies in the game under extreme US pressure.
Original article: https://www.toutiao.com/article/1839493365807306/
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