Trump Gives 2 Weeks To Assess Russia-Ukraine Peace Prospects

[multivita-man]

Learn to read. I posted in #96.....

Nice dodge. What are the B and S in BRICS, then?

 

[Rogue Valley]

Nice dodge. What are the B and S in BRICS, then?

Those countries are not involved in the Russo-Ukraine War. Not even minimally. Why should they be penalized?

Must you always be led by the nose?

 

[multivita-man]

Those countries are not involved in the Russo-Ukraine War. Not even minimally. Why should they be penalized?

But they're BRICS members. They're working with Russia, China, and India to form a new global economic and political framework to counter the so-called "rules-based order." They're economic and political partners with Russia. Brazil's trade with Russia is increasing and they sell their soybeans and other ag commodities to China because China won't buy ours now. Sheesh, Turkey, a NATO member, still buys fossil fuels from Russia, as does Europe. The US still buys fertilizer, palladium, uranium, and plutonium - should we sanction ourselves?

Oh, and India's response to our secondary sanctions for buying Russian oil? Get ****ed!

India and China are partners, not rivals, Modi and Xi say

Their meeting took place five days after Washington imposed 50% tariffs on Indian goods due to New Delhi's purchases of Russian oil. Analysts say Xi and Modi are looking to present a united front against Western pressure.

www.reuters.com

India looks to mend ties with China as Trump's tariffs push it away from U.S.

Indian Prime Minister Narendra Modi is visiting China for the first time in seven years, days after the Trump administration doubled tariffs on Indian imports to 50%.

www.nbcnews.com

 

[Luce]

But they're BRICS members. They're working with Russia, China, and India to form a new global economic and political framework to counter the so-called "rules-based order."

How's that been working out?

Brazil is fading out of site, Russia is a beggar to China, and India isn't wild about any of them.

 

[multivita-man]

How's that been working out?

Brazil is fading out of site, Russia is a beggar to China, and India isn't wild about any of them.

You have no idea what you're talking about.

 

[Luce]

You have no idea what you're talking about.

Of course.

So Brazil is still playing happy families? You sure about that?

 

[multivita-man]

Of course.

So Brazil is still playing happy families? You sure about that?

I don't know if you somehow missed it, but we just slapped pretty significant tariffs on Brazil (and China, and India). China, which has been a critical market for US farmers, has decided it doesn't need as much US produce. Brazil can fill the void, and is going to do so. It'll send beef, chicken, pork, soybeans, and other commodities China's way...and leave US farmers cratering. It's similar with Russia. They import oil, fertilizer, iron, and steel from Russia and export agriculture.

US tariffs and US sanctions are rapidly creating new alliances. They're pushing the world's largest economies and markets away from the US dollar system and into alternative settlement systems. It won't happen overnight, but it'll happen. We are seriously, seriously overplaying our hand. We were kinda, sorta doing that with Biden but within respectable limits, but with Trump, it's an awakening for the rest of the world.

 

[Luce]

I don't know if you somehow missed it, but we just slapped pretty significant tariffs on Brazil (and China, and India).

Yes. Brazil caved, the others didn't.

 

[multivita-man]

Yes. Brazil caved, the others didn't.

?

 

[Juin]

We are seriously, seriously overplaying our hand. We were kinda, sorta doing that with Biden but within respectable limits, but with Trump, it's an awakening for the rest of the world.

There seems to be a total indifference as to the ramifications and consequences of each play. Under Biden only one piece- Russia- was lost. In short order Brazil and India appear to be gone. Just like that, without lifting a finger, major rival China has in its corner three relatively important countries

 

[Luce]

Still, the Lula administration continues to pursue a strategy focused on de-escalating bilateral tensions and engaging the Trump administration. This includes:

1. Seeking to reduce U.S. tariffs by responding to U.S. concerns through (a) changes to Brazil’s domestic policies on social media and data centers; (b) discussions with the Administration on a potential bilateral agreement on critical minerals and taxation; and (c) engaging in consultations with USTR as part of its Section 301 investigation.
2. Mitigating the impact of any final tariff regime going forward on the Brazilian economy, through (a) pursuing additional exceptions to the new tariff level, and (b) federal policies to support local industries hit by these tariffs.

U.S. Tariffs and Sanctions Against Brazil and the Brazilian Response

As described in our prior client alert, President Trump threatened in July to impose tariffs of 50 o ...

www.cov.com

The principle problem here is that Lula is a great big *****.

 

[multivita-man]

There seems to be a total indifference as to the ramifications and consequences of each play. Under Biden only one piece- Russia- was lost. In short order Brazil and India appear to be gone. Just like that, without lifting a finger, major rival China has in its corner three relatively important countries

That the average Slava Ukraini or the average diehard MAGA can't see what's going on, just...holy shit. BRICS started out as a hedge, a think tank for how countries can work their way around US global economic and political dominance, which even Russia more or less accepted. Not that they liked it, but they acknowledged it, because even Putin's Russia knew that China and India, rising superpowers that they were, had no incentive to pull away from the US and hurt the dollar. It provided stability as their markets grew and power and relevance gradually increased.

It's all different now in 2025. Completely so. The US-led global financial system and "rules-based order" has been weaponized, not just against Russia, but against everyone. There will be a reckoning, and it could come as soon as this winter in the form of spiking food inflation.

 

[joluoto]

He will always need two more weeks.

 

[joluoto]

But they're BRICS members. They're working with Russia, China, and India to form a new global economic and political framework to counter the so-called "rules-based order." They're economic and political partners with Russia. Brazil's trade with Russia is increasing and they sell their soybeans and other ag commodities to China because China won't buy ours now. Sheesh, Turkey, a NATO member, still buys fossil fuels from Russia, as does Europe. The US still buys fertilizer, palladium, uranium, and plutonium - should we sanction ourselves?

Oh, and India's response to our secondary sanctions for buying Russian oil? Get ****ed!

India and China are partners, not rivals, Modi and Xi say

Their meeting took place five days after Washington imposed 50% tariffs on Indian goods due to New Delhi's purchases of Russian oil. Analysts say Xi and Modi are looking to present a united front against Western pressure.

www.reuters.com

India looks to mend ties with China as Trump's tariffs push it away from U.S.

Indian Prime Minister Narendra Modi is visiting China for the first time in seven years, days after the Trump administration doubled tariffs on Indian imports to 50%.

www.nbcnews.com

The thing with BRICS is they are mostly just going to meetings to pose for cameras and spy on eachother.

 

[multivita-man]

The thing with BRICS is they are mostly just going to meetings to pose for cameras and spy on each other.

I think that was the case until pretty recently, but when the 'leader of the free world' decides that deficits don't matter, abandons the rule of law, and weaponizes trade and the international financial and banking systems that it runs...that's a game-changer.

 

[Rogue Valley]

India - under Modi's authoritarianism - insists on bankrolling Putin's war in Ukraine.

New Delhi wasn't about to buddy-up with the US or the EU.

I hope Trump slaps another 50% in sanctions on Modi. Let's see India replace US trade dollars with Russian rubles.

 

[pedex]

The thing with BRICS is they are mostly just going to meetings to pose for cameras and spy on eachother.

 

[Rogue Valley]

The US dollar is the currency of trade.

Unless and until that changes, BRICS is a fairly irrelevant diplomatic club.

It doesn't even have the gravitas of OPEC.

 

[pedex]

1/4 of world trade isn't minor

 

[Rogue Valley]

Yesterday TACO Trump's 2 week ultimatum to Putin expired.

 

[joluoto]

Yesterday TACO Trump's 2 week ultimatum to Putin expired.

Now we will see the next serving of tacos.