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    To Sidestep Trump Tariffs, Asian Nations Seek New Trade Partners

    Most nations are still negotiating in hopes of avoiding punitive import taxes. At the same time, they’re looking for trading partners as a way around the United States.For most countries that received President Trump’s letters last week threatening steep tariffs, especially the Asian nations with economies focused on supplying the United States, there are no obvious substitutes as a destination for their goods.But they are doing their best to find them.Business and political leaders around the world have been roundly baffled by the White House’s imposition of new duties, even as governments shuttled envoys back and forth to Washington offering new purchases and pledges of reform. Mr. Trump is erecting new trade barriers and demanding deep concessions by Aug. 1, claiming years of grievance because America buys more than it sells.“Across the world, tools once used to generate growth are now wielded to pressure, isolate and contain,” Anwar Ibrahim, the prime minister of Malaysia, said at a gathering of Southeast Asian leaders on Wednesday. “As we navigate external pressures, we need to fortify our foundations. Trade among ourselves. Invest more in one another.”“As we navigate external pressures, we need to fortify our foundations,” Prime Minister Anwar Ibrahim of Malaysia said on Wednesday. Vincent Thian/Associated PressThere are already a few signs of such efforts. South Korea’s new president, Lee Jae Myung, sent special envoys to Australia and Germany to discuss defense and trade issues, and plans on dispatching delegations to several others. Brazil and India announced plans to increase their bilateral trade by 70 percent, to $20 billion.Indonesia says it is nearing a treaty with the European Union that would drop most tariffs on both sides to zero. And in Vietnam, which Mr. Trump said had accepted 20 percent tariffs on its goods headed to the United States before last week’s letters, the deputy trade minister emphasized efforts to reduce her country’s reliance on American consumers by leveraging other trade agreements.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Trump’s Seesawing on Tariffs Gives the World Whiplash

    Blunt letters dictating terms posted to social media and changes late in negotiations have left trading partners wondering what President Trump will do next.Six months into his new administration, Mr. Trump’s assault on global trade has lost any semblance of organization or structure.He has changed deadlines suddenly. He has blown up negotiations at the 11th hour, often raising unexpected issues. He has tied his tariffs to complaints that have nothing to do with trade, like Brazil’s treatment of its former president, Jair Bolsonaro, or the flow of fentanyl from Canada.Talks with the United States were like “going through a labyrinth” and arriving “back to Square 1,” said Airlangga Hartarto, the Indonesian minister for economic affairs, who met with U.S. officials in Washington on Wednesday.The resulting uncertainty is preventing companies and countries from making plans as the rules of global commerce give way to a state of chaos.“We’re still far away from making real deals,” said Carsten Brzeski, global head of macroeconomics at the bank ING in Germany. He called the uncertainty “poison” for the global economy.Gone is the idea that the White House would strike 90 deals in 90 days after a period of rapid-fire negotiation, as Mr. Trump pledged in April. Instead, Washington has signed bare-bone agreements with big trading partners including China, while sending many other countries blunt and mostly standardized letters announcing hefty tariffs to start on Aug. 1.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Trump Tariffs Aim to Settle Scores With Countries, No Matter Their Size

    The president’s tariff announcements suggest he has not backed away from his initial strategy, where even smaller trading partners will face tariffs.President Trump added on Wednesday to his growing list of countries that would face steep tariffs in the coming weeks if they fail to reach trade agreements with the United States, as he threatens to drag nations large and small into his trade war.On his social media account, the president posted form letters informing countries — including the Philippines, Sri Lanka, Moldova, Brunei, Libya, Iraq and Algeria — that they should prepare for double-digit tariff rates. Except for the name of the country and the tariff rate, the letters were identical to those he posted on Monday, which targeted 14 nations.Later Wednesday afternoon, Mr. Trump issued another threat to impose a 50 percent tariff on products from Brazil. His letter implied that the higher rate was partly in response to what Mr. Trump described as a “witch hunt” against former President Jair Bolsonaro, who is facing trial for attempting a coup.Brazil and the other trading partners that Mr. Trump targeted Wednesday join a growing list of countries that will face additional tariffs Aug. 1, including Japan and South Korea. The president’s renewed threats against both large and small trading partners suggests that he is hewing to a global tariff strategy he announced in early April that punishes countries broadly for a variety of trading practices and policies he has deemed unfair.In issuing his threat to Brazil, which was more sharply worded than the previous form letters, Mr. Trump cited the country’s “insidious attacks on Free Elections, and the fundamental Free Speech Rights of Americans (as lately illustrated by the Brazilian Supreme Court, which has issued hundreds of SECRET and UNLAWFUL Censorship Orders to U.S. Social Media platforms, threatening them with Millions of Dollars in Fines and Eviction from the Brazilian Social Media market).”As part of his attack, Mr. Trump also directed his trade representative, Jamieson Greer, to begin investigating Brazil’s digital trade policies, which could result in further tariffs.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Trump’s Threats About the Dollar Could Push Other Countries to Find Alternatives

    President-elect Donald J. Trump threatened to impose tariffs on countries that seek to replace the dollar in trade or undermine its global reserve currency status.When Republicans nominated Donald J. Trump to be their presidential candidate over the summer, the party’s platform included a pledge to maintain the role of the United States dollar as the world’s reserve currency.Since winning the election, Mr. Trump has indicated that he wants to deliver on that promise. Over the last week he warned that if the group of nations known as BRICS countries — which include Brazil, Russia, India, China and South Africa — tried to create their own currency to rival the dollar, he would punish them with 100 percent tariffs and shut them out of U.S. markets.“There is no chance that the BRICS will replace the U.S. Dollar in International Trade, and any Country that tries should wave goodbye to America,” Mr. Trump wrote on social media.The warning was intended to preserve the dollar’s premier status, but economists and analysts suggested that it could have the opposite effect. Although it appears unlikely that the BRICS would be able to create their own currency, the aggressive use of tariffs and sanctions by the United States is the reason that other nations have increasingly been considering alternatives to the dollar. By making such threats, Mr. Trump could end up accelerating that trend.“Threatening retaliation against the unlikely creation of a BRICS currency only reinforces the rest of the world’s concerns about the U.S. willingness to wield dollar dominance as an economic and geopolitical weapon,” said Eswar Prasad, the former head of the International Monetary Fund’s China division. “This will intensify other countries’ attempts to diversify away from use of the dollar for international payments and for foreign exchange reserves.”The dollar has been the world’s dominant currency for about a century and has served as the world’s reserve currency since the end of World War II. It makes up the majority of foreign exchange reserves held in global central banks and is widely used in international transactions such as trade and loans.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    2 Years Into Russia-Ukraine War, U.S. Campaign to Isolate Putin Shows Limits

    Many nations insist on not taking sides in the war in Ukraine, while China, India and Brazil are filling Russia’s coffers.The Biden administration and European allies call President Vladimir V. Putin of Russia a tyrant and a war criminal. But he enjoys a standing invitation to the halls of power in Brazil.The president of Brazil says that Ukraine and Russia are both to blame for the war that began with the Russian military’s invasion. And his nation’s purchases of Russian energy and fertilizer have soared, pumping billions of dollars into the Russian economy.The views of the president, Luiz Inácio Lula da Silva, encapsulate the global bind in which the United States and Ukraine find themselves as the war enters its third year.When Russia launched its full-scale invasion of Ukraine on Feb. 24, 2022, the Biden administration activated a diplomatic offensive that was as important as its scramble to ship weapons to the Ukrainian military. Wielding economic sanctions and calling for a collective defense of international order, the United States sought to punish Russia with economic pain and political exile. The goal was to see companies and countries cut ties with Moscow.But two years later, Mr. Putin is not nearly as isolated as U.S. officials had hoped. Russia’s inherent strength, rooted in its vast supplies of oil and natural gas, has powered a financial and political resilience that threatens to outlast Western opposition. In parts of Asia, Africa and South America, his influence is as strong as ever or even growing. And his grip on power at home appears as strong as ever.The war has undoubtedly taken a toll on Russia: It has wrecked the country’s standing with much of Europe. The International Criminal Court has issued a warrant for Mr. Putin’s arrest. The United Nations has repeatedly condemned the invasion.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Living on the Margins, ‘Surfing’ on the Buses

    “Hold on! Hold on tight!”It was a hot afternoon in Olinda, a coastal city in northeast Brazil, and Marlon da Silva Santos, the leader of a group called Loucos do Surf, or the Crazy Surfers, was shouting from the rooftop of a speeding bus.I grasped at an edge of the roof with one hand, for balance, and tried to shoot with the other — but the bus passed over a bump in the road, jerking abruptly, and I momentarily lost my balance. I managed to stay on, though my camera nearly flew off from my neck.Marlon dos Santos, at right, spreads his arms as he surfs atop a bus in Olinda.I felt a rush of adrenaline. Traveling at 30 miles per hour along President Kennedy Avenue, I was trying my best to document a group of young Brazilians who were illegally “surfing” on moving city buses.Among the group, maneuvers are classified by their degree of difficulty.We saw flashing police lights ahead and retreated into the bus. It was tense inside; the hot sea air swirled around our bodies. Once we passed the sirens, a cheerful celebration erupted as we winded our way to the beach.Émerson plays in the sea with a group of fellow surfers. Olinda is a popular tourist destination in northeastern Brazil.The surfers were young, mostly between the ages of 12 to 16, and a majority of them were Black. They wore Cyclone shorts, flip-flops, caps and golden chains — a style that’s common among many young people from the peripheries of large Brazilian cities.Their presence on the buses made many passengers uncomfortable.A bus driver threatens Loucos do Surf members after they surfed on the roof. Few drivers interrupt their trips for fear of the group’s response.“Some drivers stop the bus, tell us to get off, pick a fight,” Marlon said. “But most follow their normal route while we’re up there.”“We just want to have fun,” he added as we exited the bus.A bus surfer hangs onto a rear window frame.I first learned of the Loucos do Surf via a video posted to Facebook. In it, Marlon, then 16, was surfing on a high-speed bus, oozing confidence and taking selfies. Within an hour, I was exchanging messages with the surfers and planning my trip to Olinda.A week later, I met them at the Xambá bus terminal. They were skeptical at first: “You aren’t a policeman?” they asked.I showed them my website and my Instagram account and, in just a few hours, joined them on a bus ride.During my weeklong visit with the bus surfers in 2017, I felt happy and free. In a way, they allowed me to revisit my own roots: During my teenage years, growing up in São Paulo, I, too, engaged in certain risky and transgressive behavior — including pixação, a derivation of graffiti popular in parts of BrazilPassersby were often amazed to see the surfers on top of the moving buses.When I met the group, they were skeptical of my motives. “You aren’t a policeman?” they asked.But they soon welcomed my presence.The Loucos do Surf are part of a long tradition of performing death-defying stunts involving public transportation in Brazil.In the 1980s and ’90s, thrill-seeking young Brazilians risked their lives by traveling from downtown Rio de Janeiro to the suburbs on the rooftops of crowded trains. The train surfers, hundreds of whom were seriously injured or killed, became popular in the Brazilian press.After an intense crackdown, the practice’s popularity waned.Some surfers said they were simply chasing thrills. Others said it was a form of protest.A young surfer named Luciano Schmitt told me that the art of bus surfing was partly a response to a lack of cultural and leisure outlets. “The only soccer field we had was demolished.” Instead, he said, he and his friends prefer “bigu” — the local term for bus surfing — and the beach.Some bus surfers said the activity was also a form of protest against the price of public transportation — and, more broadly, against the hardships and financial restrictions imposed on millions of young people struggling on the peripheries of society.At the time, in 2017, Brazil was still recovering from the worst recession ever to hit the country. Youth unemployment rates spiked to nearly 29 percent in 2017, up from around 16 percent in 2014, according to data from the World Bank.In addition to accessing the roof via windows, surfers also use roof hatches.A dominant element of that hardship is the violence that permeates daily life in Black communities on the outskirts of large Brazilian cities — including the neighborhoods of Sol Nascente, part of the city of Recipe, and Alto da Bondade, in Olinda, where the Loucos do Surf group was established.According to Brazil’s Atlas of Violence, a study released in 2020 by the country’s Institute for Applied Economic Research and the Forum of Public Safety, homicides among Black residents increased by 11.5 percent between 2008 and 2018, whereas homicides among non-Black residents fell by 12.9 percent over the same period. Such data points help expose the racial inequalities that have dominated Brazilian society for centuries — and underscore how desensitized many in the country have become to violence within marginalized Black communities.Electrical wires pose serious dangers.Loucos do Surf hasn’t been spared. Marlon — who was known by his fellow surfers as Black Diamond, and who had earned the status of King of Surf for being the group’s most skilled and courageous surfer — was shot at point-blank range and killed near his home in 2018, a year after my visit.After his funeral, members of the group held a memorial. More than 20 young people balanced atop a bus, singing in his honor.Gabriela Batista, a bus surfer and a close friend of Marlon’s, told me via text that the group was once like a family. But their enthusiasm for the pastime, she said, largely ended with his death.Members of the group lie flat to hide from police officers.When I remember Marlon, my thoughts swirl with the circumstances of his life: the violence he endured, the choices he made, the economic disadvantages he faced, the precariousness of his support networks — including Brazil’s underfunded public education system.“School doesn’t attract me,” he once told me. “What the teachers say doesn’t stay with me.” Instead, he said, whenever he was sitting with a book, he felt like he was wasting time that could be spent surfing.And that’s mostly how I remember him now: poised — proudly, deftly, defiantly — atop a hurtling bus.“Is anything better than this?” he once shouted at me while surfing, the salty air slapping against his face, his eyes bright and alive, his voice carried aloft by the wind.Victor Moriyama, a regular contributor to The Times, is a Brazilian photographer based in São Paulo. You can follow his work on Instagram.Follow New York Times Travel on Instagram, Twitter and Facebook. And sign up for our weekly Travel Dispatch newsletter to receive expert tips on traveling smarter and inspiration for your next vacation. More