Trump does not intend to support Flávio as 'leader of Brazil', according to Reuters

The White House does not intend, for now, to support Flávio Bolsonaro (PL-RJ) as 'leader of Brazil'. The information comes from Reuters, cited by Revista Oeste, which interviewed an American official and another person close to the topic, both under anonymity. According to the agency, there are no current plans to support the politician, but the position may change.

The movement takes place after the Brazilian presidential election. Lula (PT) was re-elected on Sunday (25), and Trump, according to the report, said he maintained a good relationship with the PT member. The American president stated that the Brazilian election seemed 'rigged' and that he did not support any candidate.

The same Reuters investigation indicates that Trump is reluctant to provoke a new crisis with Brazil, and that the White House wants to avoid new diplomatic strain with the country. This calculation weighs on the way Washington deals with the issue, even with the internal American dispute surrounding the episode.

On Thursday (29), 25 Democratic deputies sent a letter to the Secretary of State, Marco Rubio, according to Times Brasil. The document asks whether the State Department, the White House or other agencies helped Flávio leave Brazil and enter the US. According to the report, he left the country despite the STF decision that restricted travel and ordered the surrender of passports.

The Times Brasil also reports that the American press raised suspicions that US authorities helped Flávio and his family reach Florida, and that Trump helped the politician leave the country after his election defeat. This version is attributed to the press and the article, and is not proven in the available data.

An opinion article cited in the same coverage compares Flávio Bolsonaro and María Corina Machado, two politicians who bet on friendship with a superpower. The parallel reminds us that this bet has limits, especially when it depends on the will of a single government.

What changes for the investor

The uncertainty about Washington's role in the Brazilian political scenario adds a risk factor to the premium that the market charges for local assets. For those who operate the stock market, interest rates and the dollar, the central point is whether the relationship between the two governments remains stable. If the White House maintains its distance from the issue, the risk of diplomatic noise tends to be contained. If the dispute in the American Congress gains strength, risk perception could rise and put pressure on Brazilian assets and the exchange rate. For now, the most likely path is to follow the official response from the American government and the developments in the letter to Marco Rubio. This analysis is not a recommendation to buy or sell.

Automatically translated from Portuguese.