Innocuous, Trump’s attack on Pix should not prosper

In the US, this would be illegal: those who have to launch this type of program are private initiatives. It is much more complicated and much less functional than our pix, but it is the idea that the state needs to be the smallest possible size. Therefore, the US Central Bank would never have an idea like Pix.

It must be innocuous and should not prosper because it would be an attack on a new Brazilian institution, which is the Central Bank, but it is curious that the investigation has reached this point. Mariana Sanches, Facto News columnist

Mariana stressed that Trump takes first measures and seeks justifications later, which helps explain the republican’s criticism of Brazil to so many points apparently without any connection.

The US Congress has the power to target any foreign country as you understand and delegates to the president some powers, as long as well justified, to impose them. What Trump is trying to do is fit these measures on section 301, a 1974 law on unfair practices and illegal protection of third party governments.

For this to be cool, Trump would have to have done this investigation, which he opened yesterday, months ago. He should be ready to justify these rates. He took a measure that is already late and with a certain rush to justify the legality of these measures against Brazil.

This investigation is a great swivel machine gun because it basically needs to find a reason for the legality of the tariffs that Trump wants to impose. He will discover a posteriori the reasons for the rates he has already imposed. They mention deforestation, which is a concern for the US government, until March 25, a historical problem of piracy in Brazil. Mariana Sanches, Facto News columnist