Brazil faces its greatest external aggression since 1964. The same imperialist tormentor that orchestrated and encouraged the military dictatorship, the United States, is now imposing a protectionist policy of 50% tariffs on the Brazilian economy.
Trump has taken a sledgehammer to decades of US foreign policy in South Asia by imposing 50% tariffs on a swathe of Indian goods. The entire diplomatic picture in the region is turned upside down.
By pushing American debt up to even more eye-watering and unsustainable levels, Trump is further undermining trust in US treasuries (federal government bonds) as a “safe haven” for global capital.
Momentous events are transforming the world as we know it. With Trump causing political and economic upheaval globally, the pent-up contradictions of nearly two decades of capitalist crisis and stagnation are reaching a fever pitch.
Donald Trump appears to have torn up the rule book of world diplomacy. As for the Iranians, they suffered considerable damage, but have emerged from the war with their industries and their war machine virtually intact.
US intelligence agencies have made clear that there is no question of Iran acquiring nuclear weapons for another three years. All this is ignored as the drumbeat of war grows ever louder and more persistent.