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

According to Reuters, reproduced by Gazeta do Povo, President Donald Trump does not plan to support Flávio Bolsonaro (PL) as “leader of Brazil”. The information comes from anonymous sources, including an American government official. The same sources noted that Trump could change his mind, which leaves the question open.

The movement is added to a sequence of gestures around the defeated candidate. According to Gazeta do Povo, Trump received Flávio in the United States and granted visas to him and his family. Revista Oeste reports that the White House facilitated Flávio's trip to Miami and seeks to avoid direct diplomatic friction with Brazil.

The trip took place on Wednesday (28). Upon arriving in Florida, Flávio said he was a “true president-elect”. Minutes later, according to Gazeta do Povo, he changed the expression to “leader of Brazil” in another version of the letter, a change that draws attention due to its speed.

For an American authority cited by Gazeta do Povo, Flávio's political capital decreased with his exile in the United States. Trump's position is ambiguous. He called the Brazilian election “rigged”, said he liked Lula and said he should talk to him. At the same time, he declared that he had not taken sides in the dispute, following a request from Lula himself.

The background is the results of the polls. According to Money Times, Lula was re-elected with an advantage of around 3.5 percentage points, in an outcome that contradicted voting intention polls. The same report says that Trump helped Flávio reach the United States, but stated that he did not offer support in the dispute.

What is at stake is less the election that has already ended and more the way Washington will relate to the government that remains. The question is whether the episode remains in the political field or begins to interfere with the bilateral agenda, something that the White House, according to Revista Oeste, seeks to avoid.

What changes for the investor

For those who follow the stock market, Nasdaq, interest rates and the dollar, the central point is the political risk linked to the relationship with the United States. A distance between Trump and the Bolsonarist camp, coupled with a possible dialogue with Lula, can be read by investors as a sign of less predictability. If there is real diplomatic friction, the effect tends to weigh more on the perception of risk than isolated statements. The information collected does not provide any indication about prices or asset movements, and it is worth monitoring whether Trump's position is confirmed and how the Brazilian government responds.

Automatically translated from Portuguese.