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GOVERNMENT & PUBLIC FINANCES29 OCT 2026 · 08:28

Re-elected for the 4th term, Lula plans to resume travel and has the USA among his first destinations

According to Revista Oeste, Lula intends to go to the G20 in December, in Miami, where he may have his first meeting with Trump since his re-election.

BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM REVISTA OESTE · 2 MIN

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Lula was re-elected for his 4th term after defeating senator Flávio Bolsonaro (PL) in the second round, according to Revista Oeste. Now, the government is preparing the return of international travel, with the United States among the first planned destinations.

The publication states that Lula intends to participate in the G20 Summit in December, in Miami. The G20 brings together 19 countries, the European Union and African countries, and the event is scheduled for the Trump National Doral Miami, a golf club owned by Donald Trump.

The choice of location gives the commitment a political weight that goes beyond the diplomatic agenda. Revista Oeste points to the possibility of a first meeting between Lula and Trump since his re-election, which would place two leaders with opposing views on trade, State and foreign policy face to face.

The report does not detail the agenda of the conversations or say whether the meeting with Trump is confirmed, which leaves the scope of possible contact open. In this scenario, the trip gains relevance above all as a signpost, and not as a concrete economic policy decision.

For those who follow economic policy, the market logic is simple: the relationship with Washington usually weighs on exchange rates, foreign trade and risk appetite. Any approximation or friction will be closely monitored by those operating.

What changes for the investor

Presidential trips, in themselves, do not change public accounts, and the point that matters most for those who invest in the stock market, Nasdaq, interest rates and the dollar continues to be fiscal responsibility. A meeting with Trump can be read by the market as a sign of openness or tension, and this reading tends to appear first in exchange rates and in assets that are more sensitive to abroad. Without a defined agenda, however, the impact should be diffuse. It is worth monitoring concrete measures, such as fiscal targets and trade policies, more than the diplomatic movement itself.

Automatically translated from Portuguese.

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