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France 24
42 minutes ago
- France 24
Bolsonaro backers rally to praise Trump for Brazil pressure
Bolsonaro is currently being tried in the capital Brasilia for plotting a coup after failing to win reelection in 2022 against leftist Luiz Inacio Lula da Silva. "I am here to defend our people against censorship and judges who act arbitrarily," Valdeciria Galvao, a stenographer attending a rally in Brasilia, told AFP. Most of the demonstrators were dressed in green and yellow, the national colors of Brazil and Bolsonaro's party, while some held US flags or signs reading "Thank you Trump." Rallies were organized in several cities including Sao Paulo and Rio de Janeiro. Bolsonaro, 70, was unable to participate as he has been court-ordered to stay home on evenings and weekends, and not to use social media, as his trial plays out. Accused of conspiring to remain in power despite his electoral defeat by Lula, he faces a heavy prison sentence in the trial, which is expected to be concluded in the coming weeks. On Wednesday, the US Treasury Department imposed financial sanctions on Brazilian Supreme Court Justice Alexandre de Moraes, who is presiding over the trial and is despised by Bolsonaro supporters for his fight against disinformation, which they say amounts to censorship. That same day Trump, who has branded the trial a "witch hunt," slapped cumulative 50 percent tariffs on several Brazilian imports as he wielded US economic might to punish the country. The tariffs are set to take effect on August 6. "I agree 100 percent" with the sanctions, said Maristela dos Santos on Copacabana Beach, where Sunday's rally in Rio de Janeiro was taking place. "Since no solution was found here, it had to come from elsewhere." Wearing an American flag on her shoulders, the 62-year-old teacher said she is not particularly concerned about the economic impact of the levies announced by Washington. "What worries me is that Brazil will become like Venezuela and we won't be able to find anything to eat in the supermarket," she argued, alluding to the serious shortages under Nicolas Maduro's socialist regime in Caracas. Paulo Roberto, a 46-year-old entrepreneur, echoed the sentiment, believing punitive customs duties are a necessary evil. "Unfortunately you have to take a few steps back in order to aspire to greater freedom and a better quality of life in the future," Roberto said.
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France 24
6 hours ago
- France 24
US trade advisor says Trump tariff rates unlikely to change
Trump, who has wielded tariffs as a tool of American economic might, has set tariff rates for dozens of economies including the European Union at between 10 and 41 percent come August 7, his new hard deadline for the duties. In a pre-taped interview broadcast Sunday on CBS's "Face the Nation," US Trade Representative Jamieson Greer said "the coming days" are not likely to see changes in the tariff rates. "A lot of these are set rates pursuant to deals. Some of these deals are announced, some are not, others depend on the level of the trade deficit or surplus we may have with the country," Greer said. "These tariff rates are pretty much set." Undoubtedly some trade ministers "want to talk more and see how they can work in a different way with the United States," he added. But "we're seeing truly the contours of the president's tariff plan right now with these rates." Last Thursday, the former real estate developer announced hiked tariff rates on dozens of US trade partners. They will kick in on August 7 instead of August 1, which had previously been touted as a hard deadline. Among the countries facing steep new levies is Brazil. South America's largest economy is being hit with 50 percent tariffs on exports to the United States -- albeit with significant exemptions for key products such as aircraft and orange juice. Trump has openly admitted he is punishing Brazil for prosecuting his political ally Jair Bolsonaro, the ex-president accused of plotting a coup in a bid to cling to power. The US president has described the case as a "witch hunt." Greer said it was not unusual for Trump to use tariff tools for geopolitical purposes. "The president has seen in Brazil, like he's seen in other countries, a misuse of law, a misuse of democracy," Greer told CBS. "It is normal to use these tools for geopolitical issues." Trump was "elected to assess the foreign affairs situation... and take appropriate action," he added. Meanwhile White House economic advisor Kevin Hassett said that while talks are expected to continue over the next week with some US trade partners, he concurred with Greer's tariffs assessment in that the bulk of the rates "are more or less locked in." Asked by the host of NBC's Sunday talk show "Meet the Press with Kristen Welker" if Trump could change tariff rates should financial markets react negatively, Hassett said: "I would rule it out, because these are the final deals." Legal challenges have been filed against some of Trump's tariffs arguing he overstepped his authority. An appeals court panel on Thursday appeared skeptical of the government's arguments, though the case may be ultimately decided at the Supreme Court.
