Trump does not intend to support Flávio Bolsonaro's claim to be Brazil's leader, sources say
According to Money Times, the Trump administration does not intend to support Flávio's thesis after the defeat to Lula, despite years of support for the family.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM MONEY TIMES · 2 MIN
Donald Trump's government does not intend to support Flávio Bolsonaro's (PL-RJ) claim that he would be the legitimate leader of Brazil, according to sources interviewed by Money Times, including an American official. The position distances Washington from a thesis that Flávio himself began to defend after his electoral defeat.
The distance draws attention because it contrasts with recent history. According to sources, Trump helped Flávio reach the United States, after years of supporting the politician and his father.
When commenting on the election, Trump said that the Brazilian vote seemed “rigged”, but stated that he had not offered support in the dispute. In the same interview, he declared that he gets along well with Lula.
Lula was re-elected in the second round with an advantage of around 3.5 percentage points, a result that contradicted voting intention polls, according to Money Times. The difference was more than 4 million votes, and Flávio left Brazil then, on Sunday (25). After the defeat, he proclaimed himself “true president-elect” and began to present himself as “leader of Brazil”.
In the letter released on the night of the 29th on social media, after arriving in the USA on Wednesday, Flávio claimed to be the victim of an electoral coup, but did not present evidence of fraud. According to Money Times, the text did not receive support from key allies and ended up isolating him even further.
When reading this report, the episode suggests that Washington prefers to maintain channels with the result already consolidated rather than join a challenge without evidence.
What changes for the investor
For those who invest in the stock market, the dollar and interest, the immediate effect is less diplomatic noise, as a possible rapprochement with Washington no longer depends on a dispute that the American government itself does not endorse. Even so, the pricing of Brazilian assets tends to look mainly at fiscal conduct, the commitment to public accounts and the predictability of rules, and this cannot be resolved with declarations. This text does not provide price forecasts; What is worth monitoring are the concrete signs of economic policy in the coming months.
Automatically translated from Portuguese.
