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Image is of Trump's initial set of reciprocal tariffs. Source is CNN and Reuters.


It's difficult to keep up with the news around the tariffs; they get instated, then dropped, then reinstated... for example, on Friday, Trump said that certain electronics like smartphones would be exempt, causing markets to rally a great deal, but now the Commerce Secretary has said that they might not be exempt? The state of play right now, if you haven't been keeping up this week, is that the US recently announced a 90-day global pause on implementing the tariffs he had planned (that is, 25% on certain Canadian and Mexican goods, and at least 10% on every other nation) but nonetheless increased tariffs on China to 145%.

Meanwhile, China has been - quite remarkably - standing their ground, increasing tariffs on the US to 125%, and putting restrictions on rare earths. Xi Jinping has been in Vietnam and has made statements against a tariff war there, saying that it would have no winners. Meanwhile, a Chinese spokesperson has essentially said that China can endure the tariff war due to the increasing demand from its domestic market in combination with its growing economic ties with other countries.


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[–] Redcuban1959@hexbear.net 50 points 3 days ago* (last edited 3 days ago) (3 children)

The death knell chimes for the PSDB (Social Democratic Party of Brazil). Once the most powerful party in Brazil and perennial favorite of US Democrats. After a series of dismal elections, it announced it's merging with another right-wing party, Podemos. How did it fall so fast?

Article

1 Like Gorbachev, Brazil's ex-President Fernando Henrique Cardoso had a better reputation abroad than at home. In Brazil, he's despised for his privatizations, like state mining company Vale do Rio Doce, sold to a group of cronies for the equivalent of 1/4 of its annual profits

2 In the 2000s, Cardoso’s PSDB successor, José Serra—seen here faking an injury after being hit by a paper ball—adopted an electoral strategy called "anti-PTism": smearing PT leaders under an anti-corruption banner, with full U.S. media backing. What Serra, a former leftist who was exiled during the military dictatorship, didn't anticipate was how PSDB's tactics would be co opted by parties across the political spectrum, from PSOL, to the neofascist far right. Serra created a monster which spun out of control

I'm not claiming that there was no corruption among the thousands of elected PT officials, but even at the height of the anti-corruption which hunt of the 2000s, it barely cracked the 10 ten list of Brazil's most corrupt parties, way below Serra's PSDB.

In 2014, PSDB fielded Aecio Neves as its presidential candidate. A member of a traditional elite political family, he was dealing with dozens of corruption charges from his stint as Minas Governor, along with best known secrets in Brasilia regarding his alleged cocaine problem. Despite all the corruption, in 2014 an American celebrity "leftist" journalist in Brazil told a Brasilwire editor that there was an "unwritten rule among American journalists that Aecio had to win the election."

After losing the election in 2014, Neves pulled a Trump move and claimed the election had been stolen. He tried to sue the electoral courts, and working with his party and its allies, the PSDB paralyzed Congress. From that point forward, Dilma Rousseff couldn't pass a single law.

This point, between Neves paralysis of Congress and the coup against Rousseff saw the rise of a new political force. The weaponized anti-corruption rhetoric unleashed by the party was a traditional tool of fascism. The fascists appropriated it and attacked the PSDB as communists.

PSDB was never a nationally cohesive party. It was built around two big regional power bases in S. Paulo and Minas Gerais, with alliances with traditional political families elsewhere. When Neves career collapsed in a sea of corruption scandals, party focus shifted to S. Paulo.

João Doria, the millionaire playboy, ex-star of Brazil's Apprentice reality show franchise, and the man who, as Jose Sarney's Tourism Minister, put Brazil on the international sex tourism map, was elected mayor of S. Paulo City and prepared a run for governor

The PSDB reached its goal with Dilma Rousseff's ouster, only to see its dreams crumble amid the rise of neofascism. Doria—who, as Nathalia Urban once noted, embodied "São Paulo's preference for fascists who eat w/ knives and forks"—won the governorship by aligning with Bolsonaro.

As gov., Doria broke from Bolsonaro and fought the Minas Gerais PSDB faction, positioning himself for a presidential run. It flopped and wounded the party. Bolsonaristas no longer supported him. Leftists didn't forget his alliance with Bolsonaro. Ruined, he retired from politics.

From 1994 to 2014, the top two candidates in every presidential election were from PSDB and PT. PSDB tried to destroy the PT, but ended up destroying itself. Today's announcement of the merger, as reported here in Folha, is the end. I say good riddance.

[–] Lemister@hexbear.net 31 points 3 days ago (2 children)

Socdems joining up with right-wingers??? This has never happened before and isn’t certainly an inevitable outcome of socdemery

[–] Redcuban1959@hexbear.net 24 points 3 days ago (1 children)

Political Party names in the Global South usually means nothing, the Brazilian Liberal Party is a far-right conservative party. The Social Democratic Party of Brazil might have been founded as a SocDem party (I think they were even allied with the Communists during the mayoral elections, and supported Lula da Silva in the 1989 election), they have been mostly a majority neoliberal party since the 1990s with a very small social democrat faction inside the party.

[–] Lemister@hexbear.net 20 points 3 days ago

Thats literally almost every socdem/liberal party outside the us. Especially the majority neoliberal since the 90s.

[–] SexUnderSocialism@hexbear.net 19 points 3 days ago

"Social-Democracy is objectively the moderate wing of fascism."

[–] CarmineCatboy2@hexbear.net 27 points 3 days ago (1 children)

The death of the PSDB gave rise to one of my favorite unintentional memes.

founder of the party (picture, right) reading the auto-biography of party's destroyer (picture, left)

[–] Redcuban1959@hexbear.net 15 points 3 days ago (1 children)

With the exception of Bolsonaro and Dilma Rousseff, it seems that most of Brazil's former presidents have been out of the spotlight. I thought Fernando Cardoso had died lol. I was also very surprised that José Sarney is still alive and seems quite lucid for a man over 90. But then again, Ecuador's former dictator, Guillermo Rodríguez, is literally 101 years old and was still giving interviews in the late 2010s.

[–] CarmineCatboy2@hexbear.net 10 points 3 days ago

Few people know this but the Fiscais do Sarney were actually engaging in a ritual to increase his lifespan.

[–] kalabaza@hexbear.net 18 points 3 days ago

[The Social Democratic Party] announced it's merging with another right-wing party, Podemos

seen-this-one this is where Spain failed peltier-laugh