Trump threatens 100% tariffs on BRICS nations over US dollar replacement plans

[sambody]

yes, it seems to be the case, Trump changed his mind in the last minute.

Trump and To Lam held the talk on July, 2 evening, Hanoi time.
as Washington is 11 hours behind of Hanoi, the talk was underway in the morning hours in the US.
Trump however posted the Vietnam agreement at 4:44pm.

https://truthsocial.com/@realDonaldTrump/posts/114784170652465525

That means he changed his decision 4-5 hours after the agreement on the phone with To Lam, on the draft prepared by both goverment teams.

something made Trump to change his decision but he can´t do that.
He makes the US a place of jungle law. there is no trust to any agreement.

But it is also bad negotiating by Vietnam. They have not clarified their position even now.

EU and India are probably insisting on formal written offers before agreeing on an announcement, but President Trump might send out letters if they wait too long, like he did for Canada. Everyone needs to brush up on the Art of the Deal.

 

[corven]

yes, it seems to be the case, Trump changed his mind in the last minute.

Trump and To Lam held the talk on July, 2 evening, Hanoi time.
as Washington is 11 hours behind of Hanoi, the talk was underway in the morning hours in the US.
Trump however posted the Vietnam agreement at 4:44pm.

https://truthsocial.com/@realDonaldTrump/posts/114784170652465525

That means he changed his decision 4-5 hours after the agreement on the phone with To Lam, on the draft prepared by both goverment teams.

something made Trump to change his decision but he can´t do that.
He makes the US a place of jungle law. there is no trust to any agreement.

Talking to Trump about credit? You're talking to the wrong person.
What he says now will overturn it in an hour. Tearing up a treaty is as common as drinking water.

 

[ety]

yes, it seems to be the case, Trump changed his mind in the last minute.

Trump and To Lam held the talk on July, 2 evening, Hanoi time.
as Washington is 11 hours behind of Hanoi, the talk was underway in the morning hours in the US.
Trump however posted the Vietnam agreement at 4:44pm.

https://truthsocial.com/@realDonaldTrump/posts/114784170652465525

That means he changed his decision 4-5 hours after the agreement on the phone with To Lam, on the draft prepared by both goverment teams.

something made Trump to change his decision but he can´t do that.
He makes the US a place of jungle law. there is no trust to any agreement.

He will not honor any agreement, he can change his mind and tear up any agreements with other countries without any reason. China learned well from his such behaviors in his first term, he can't be trusted.

 

[Viet]

But it is also bad negotiating by Vietnam. They have not clarified their position even now.

EU and India are probably insisting on formal written offers before agreeing on an announcement, but President Trump might send out letters if they wait too long, like he did for Canada. Everyone needs to brush up on the Art of the Deal.

Vietnam had made the proposal. it´s a TPP version 2 specially made for the US.
To Lam called Trump on April, 4, just 2 days later after Trump announced his intention of reciprocal tariffs on 200 countries on April, 2.

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[ety]

Latest on Tariffs,

EU 30%

Mexico 30%

Canada 35%


Good clown show continues, really wants to fight the whole world eh, just don't be TACO again on August 1.

 

[冖_冖]

From meat to grains, trade war is a boon to Brazil and Argentina

Escalating tensions between the United States and China have created an opening for Brazil and Argentina to ramp up exports.

www.batimes.com.ar

From meat to grains, trade war is a boon to Brazil and Argentina​

Escalating tensions between the United States and China have created an opening for Brazil and Argentina to ramp up exports.

Brazil and Argentina are emerging as early winners in the global trade war that’s upending agricultural markets.

Escalating tensions between the US and China – the world’s biggest supplier and consumer of farm products, respectively – have created an opening for the South American nations to ramp up exports of everything from meat to grains in a bid to seize global market share.

The newest opportunity seems to be meat. US President Donald Trump’s tariffs on eight of America’s top 10 beef buyers have already redrawn trade flows, raising exports of Brazilian beef to halal markets including Algeria and Turkey. Japan, America’s second largest beef client, is now in advanced talks to start buying cheaper meat from Brazil.

And any economic slowdown triggered by the trade war will move other international beef buyers to shift purchases to lower cost suppliers, especially Brazil, according to Datagro market analyst Guilherme Jank.

So far, China’s shift away from US products is shaping up to be a major driver of Brazilian and Argentine exports. The Asian superpower in April ordered a huge amount of soybeans from Brazil, giving the country a leg up in its farming rivalry with the United States, and recently reached a deal to restart poultry shipments from Argentina.

Increasing shipments to Europe is a possibility, too, with talks for a trade deal between Mercosur – the South American trade bloc – and the European Union gaining momentum, according to Marcos Jank, senior professor of global agribusiness at Insper.

Argentine sorghum producers may also benefit from higher prices since there aren’t many alternative suppliers of the grain used in animal feed. China is the world’s top buyer, and the US the top supplier.

Should the trade restrictions continue into the fall, when the United States kicks off its harvest of soybeans and corn, South American grain producers will have another opportunity to offer alternative supplies.

“If this mess lasts until the fourth quarter, which is when the US harvests and China and Europe switch their soy and corn purchases there, the US isn’t going to be able to export and those countries will keep buying in South America instead,” said Ivo Sarjanovic, a former commodities trader and professor in the Universidad Torcuato Di Tella in Buenos Aires.

Still, price volatility in agricultural markets remains a risk to all exporters. While physical premiums for soybeans in Brazil and Argentina initially climbed on the tariff announcements, for example, a global recession would likely dampen demand and pressure futures prices lower.

But even in that case, Datagro’s Jank said, “it’s more likely that an economy that imports beef will consume cheap beef rather than expensive beef.”

China Soybean Imports Hit Record June High on Strong Brazil Shipments​

By Reuters Published on July 14, 2025

BEIJING, July 14 (Reuters) - China’s soybean imports hit the highest level ever for the month of June, a Reuters calculation of customs data showed on Monday, driven by a surge in shipments from top supplier Brazil.

The world’s largest soybean buyer brought in 12.26 million metric tons in June, up 10.35% from 11.11 million tons a year earlier.

China expands in consumer goods, now supplies 26% of Brazil’s imports

Cars, electronics and home appliances drive Chinese dominance as U.S. loses share

valorinternational.globo.com

China expands in consumer goods, now supplies 26% of Brazil’s imports​

Cars, electronics and home appliances drive Chinese dominance as U.S. loses share

By Marta Watanabe and Álvaro Fagundes — São Paulo

07/14/2025 05:52 PM Updated 15 hours ago

Brazil’s reliance on American goods has dropped to near the lowest level in a decade, as China strengthens its dominance across a wide range of imports, including consumer products like cars, motorcycles, freezers, and stoves.

 

[Fatman17]

 

[冖_冖]

Brazil admits US trade deal may not be reached by August 1

Brazil’s Finance Minister Fernando Haddad says a trade deal with the US may not be reached before August 1.

www.cryptopolitan.com

Brazil admits US trade deal may not be reached by August 1​

Brazil’s Finance Minister Fernando Hadad admitted on Monday that trade negotiations between his country and America could fail to be resolved before an Aug. 1 deadline. That is when President Donald Trump’s administration intends to impose 50% tariffs on various Brazilian exports.

 

[ety]

So new deal for Japan. Trump reduces tariffs on Japanese goods to 15% while Japan opens up its markets and has 0% tariffs on US goods, unequal deal as expected. What's more, the Japanese also agreed to invest $550 billion in US and US will take 90% of the profits, wow, what are the dumb Japs doing, they are slaves to the Yanks for a reason, they just pay huge tribute to their masters.

 

[corven]

So new deal for Japan. Trump reduces tariffs on Japanese goods to 15% while Japan opens up its markets and has 0% tariffs on US goods, unequal deal as expected. What's more, the Japanese also agreed to invest $550 billion in US and US will take 90% of the profits, wow, what are the dumb Japs doing, they are slaves to the Yanks for a reason, they just pay huge tribute to their masters.

Just imagine that there are no troops of your own around your capital. There are two huge US military bases around your capital. The command of the airspace over your capital is in the hands of the Americans. The Americans can paralyze your air force with a single order. What else can you do except surrender? Of course, you can protest carefully, and Americans are still happy to show their kindness.

 

[ety]

Just imagine that there are no troops of your own around your capital. There are two huge US military bases around your capital. The command of the airspace over your capital is in the hands of the Americans. The Americans can paralyze your air force with a single order. What else can you do except surrender? Of course, you can protest carefully, and Americans are still happy to show their kindness.

There are only about 50000 US troops in Japan and mostly about 30000 in the islands of Okinawa too. There are about 250.000 SDF soldiers of Japan. Japanese can choose to try kick out or fight the US soldiers out of their country, not being total slaves, haha.

 

[Watandar]

Ditching the first island chain allies makes perfect sense, they are becoming dead weight to the empire

I mean they join Europe , Aus/NZ , Israel on being dead weight on the empire. I dont know any of the American "allies" who dont mooch off the American defense budget, while at the same time selling everything to the American economy.

 

[corven]

I mean they join Europe , Aus/NZ , Israel on being dead weight on the empire. I dont know any of the American "allies" who dont mooch off the American defense budget, while at the same time selling everything to the American economy.

The key is that the United States can no longer bear the system it has built. It can only re-establish the rules. But the problem is that throughout human history this situation often means the beginning of the decline of an empire.

 

[Watandar]

The key is that the United States can no longer bear the system it has built. It can only re-establish the rules. But the problem is that throughout human history this situation often means the beginning of the decline of an empire.

No argument from me that the American empire is in decline. But it's in the phase right now where reforms could still right the shop, however we see no signs of that. Mr Biden made the mistake of doubling down on the old order , immediately getting America involved in two new wars including a horrific slaughter in Gaza, for that and other blunders we saw him kicked out for Mr Trump, whose appeal was always "burn it all down".

We also see America surrendering its soft power and scientific research while at same time abusing the Dollar and destroying the rule of law. So it has chosen the path of going down in flames and will burn many on the way.

 

[sambody]

So new deal for Japan. Trump reduces tariffs on Japanese goods to 15% while Japan opens up its markets and has 0% tariffs on US goods, unequal deal as expected. What's more, the Japanese also agreed to invest $550 billion in US and US will take 90% of the profits, wow, what are the dumb Japs doing, they are slaves to the Yanks for a reason, they just pay huge tribute to their masters.

The devil is in the details. Most of the 500 billion would have been invested anyway and is in the form of loans and loan guarantees. I guess the equity contribution would be limited to 10% with US entities funding the rest.

Japanese car companies get a lower duty rate than even GM and Ford which have to pay Mexico/ Canada tariffs. No wonder Japanese car stocks ripped up.