Trump imposes "massive tax" on the American people.

US President Donald Trump is imposing a tax increase that could cost Americans more than $200 billion a year. This is the approximate calculation of the impact of the surcharges he announced on imported goods from Canada and Mexico alone, without yet considering the tariffs applied to products from China.

Yes, the so-called protectionist measures of the billionaire stand-in president will not only disrupt global trade, but will also severely punish American consumers. Because, however strong the US economy may be, they will not be able to promote a large-scale import substitution, undoing already established flows between suppliers and consumers and their relationship with brands.

This scoundrel is so shameless that he justifies the "tax hike" by citing the entry of fentanyl into the United States—a drug 50 times more destructive than heroin—which, according to him, originated in those countries. Trump punishes the entire American population with a flimsy excuse, exposing the incompetence of the US government in confronting global drug trafficking. To wage wars and sponsor others, they have military intelligence and military force; but not to combat traffickers. To deport immigrants who provide their labor to drive the American economy, Trump is a tiger, but with the traffickers who parade around California in their Ferraris, he's a pushover.

The negative repercussions on the American economy were already being felt alongside Trump's speech. The fall in American company stocks brought down the US stock market, including the Nasdaq. The dollar depreciated against the euro and the yen, US Treasury bonds fell to their lowest level since last year, and he even managed to bring down Bitcoin.

The catastrophe will not spare us. Brazil is in Trump's sights. And only the "the worse, the better" strategy can justify Bolsonaro supporters continuing to applaud, salute, and fawn over the American billionaire. Of course, they agree with the tax increases implemented by Trump and want the Brazilian economy to suffer from these measures. But what they may not be correctly assessing is that the impact could hit a sector that until now has been a great ally—and financier—of his follies: agribusiness. How this group will feel when they can't trade in their pickup truck or boat next year because of Trump's measures, with the enthusiastic support of the Bolsonaro family, is a big question.