It is necessary to ‘fix’ Brazil, says Trump’s secretary about commerce

According to the secretary, Trump’s tariffs will be maintained until these countries open their markets. “These countries need to understand that if they want to sell to US consumers, you need to ‘play ball’ with the president of the United States.”

Despite the statement, the US sells more to Brazil than they buy. In 2024, they registered total commercial surplus (sold more to Brazil than they bought goods and services) of US $ 28.6 billion.

Lutnick used Switzerland as an example. “A small country like Switzerland has a commercial surplus of $ 40 billion with the US,” he said. “Do you know why they are a small rich country? Why sell us $ 40 billion more in products.”

With the exception of Brazil, already charged at 50% since August, the other countries cited should face new surcharge. From October 1, Ireland, Switzerland, Australia, South Korea, the United Kingdom, India, Mexico, Germany, China and Japan will be charged between 25% and 100% on various products, such as medicines, cooking and bathroom, and trucks.

The tariff intends to protect the American industry from imported products. It is due to this policy that the dollar has been losing value around the world, as the Facto News.

Trump and Lula will meet?

Trump and President Lula (PT) said they should be soon to discuss the tariff. They met quickly during the UN General Assembly on Tuesday, when they promised a meeting to deal with trade policy.