| > Maybe we're looking at vastly different numbers Even though the scope of the tariffs was reduced, we're still talking figures around hundreds of billions of BRL worth of immediate damage to the economy, with long term losses uncertain. > Since we mostly export commodities, even those 36% can just be sold elsewhere. There is no guarantee that there will be enough demand from alternative buyers to fully mitigate the long term damage. > You can safely place the odds of the other NATO countries agreeing to their own tariffs at approximately 0%. People told me the same thing about the Magnitsky sanctions. I realize that as of this moment it's all just threats but I won't doubt them. > Not sure where you get this idea? Well, from the fact Trump could order a single B2 Spirit to wipe BrasÃlia off the map and there'd be nothing at all the entire brazilian military could do about it. The USA can also effortlessly isolate our country via economic levers. There's no need to fire any bullets. Those levers are going to move some mountains if the supreme court keeps protecting the sanctioned judge. > I don't see why you think there's a possibility of this escalating to war I do think that's very unlikely. They'll probably keep leveraging their massive economy and USD hegemony against us. |