Dubai Telegraph - In backing Brazil's Bolsonaro, Trump may be helping Lula

EUR -
AED 4.314099
AFN 76.936429
ALL 96.605599
AMD 448.400944
ANG 2.102883
AOA 1077.044807
ARS 1691.556453
AUD 1.764619
AWG 2.114155
AZN 2.001365
BAM 1.959379
BBD 2.366212
BDT 143.572249
BGN 1.956545
BHD 0.440843
BIF 3482.482632
BMD 1.17453
BND 1.517265
BOB 8.117793
BRL 6.365607
BSD 1.174841
BTN 106.244614
BWP 15.566367
BYN 3.463412
BYR 23020.795811
BZD 2.362806
CAD 1.618562
CDF 2630.948518
CHF 0.934916
CLF 0.027253
CLP 1069.11676
CNY 8.28573
CNH 8.284633
COP 4467.326371
CRC 587.670939
CUC 1.17453
CUP 31.125056
CVE 110.728901
CZK 24.276491
DJF 208.738004
DKK 7.472132
DOP 74.994227
DZD 152.329593
EGP 55.571073
ERN 17.617956
ETB 182.316528
FJD 2.660605
FKP 0.879936
GBP 0.878351
GEL 3.175767
GGP 0.879936
GHS 13.489529
GIP 0.879936
GMD 85.741137
GNF 10207.844111
GTQ 8.998437
GYD 245.78791
HKD 9.137671
HNL 30.777205
HRK 7.537789
HTG 153.990624
HUF 385.234681
IDR 19536.845016
ILS 3.785271
IMP 0.879936
INR 106.356551
IQD 1538.634822
IRR 49474.161194
ISK 148.465122
JEP 0.879936
JMD 188.10359
JOD 0.832789
JPY 182.940203
KES 151.401433
KGS 102.713135
KHR 4705.169188
KMF 492.719958
KPW 1057.060817
KRW 1732.409297
KWD 0.360233
KYD 0.979084
KZT 612.71658
LAK 25463.81945
LBP 105179.197597
LKR 363.02155
LRD 207.92129
LSL 19.826521
LTL 3.468083
LVL 0.710462
LYD 6.366402
MAD 10.795403
MDL 19.860192
MGA 5297.132504
MKD 61.543973
MMK 2466.385496
MNT 4167.553805
MOP 9.420668
MRU 46.676283
MUR 53.915339
MVR 18.092159
MWK 2039.576425
MXN 21.158465
MYR 4.812408
MZN 75.064681
NAD 19.826516
NGN 1706.088063
NIO 43.193401
NOK 11.906572
NPR 169.991784
NZD 2.023657
OMR 0.449616
PAB 1.174841
PEN 4.232665
PGK 5.002564
PHP 69.43241
PKR 329.132826
PLN 4.225315
PYG 7891.414466
QAR 4.276587
RON 5.092651
RSD 117.424033
RUB 93.579038
RWF 1704.243608
SAR 4.407202
SBD 9.603843
SCR 17.568707
SDG 706.484352
SEK 10.887784
SGD 1.517538
SHP 0.881202
SLE 28.335591
SLL 24629.319496
SOS 671.248424
SRD 45.275842
STD 24310.407882
STN 24.958771
SVC 10.279733
SYP 12986.886804
SZL 19.826507
THB 37.021631
TJS 10.796675
TMT 4.122602
TND 3.424975
TOP 2.827988
TRY 50.147872
TTD 7.972529
TWD 36.804032
TZS 2901.090478
UAH 49.639761
UGX 4175.627205
USD 1.17453
UYU 46.104017
UZS 14097.305357
VES 314.116117
VND 30897.196663
VUV 142.580188
WST 3.259869
XAF 657.154562
XAG 0.018956
XAU 0.000273
XCD 3.174228
XCG 2.117359
XDR 0.816516
XOF 655.388352
XPF 119.331742
YER 280.129715
ZAR 19.820676
ZMK 10572.187233
ZMW 27.109403
ZWL 378.198309
  • RBGPF

    0.0000

    81.17

    0%

  • SCS

    0.0200

    16.14

    +0.12%

  • BCC

    0.2500

    76.51

    +0.33%

  • GSK

    -0.0700

    48.81

    -0.14%

  • NGG

    0.2400

    74.93

    +0.32%

  • RELX

    0.1000

    40.38

    +0.25%

  • CMSD

    -0.1500

    23.25

    -0.65%

  • BP

    -0.2700

    35.26

    -0.77%

  • BTI

    -1.2700

    57.1

    -2.22%

  • BCE

    0.3100

    23.71

    +1.31%

  • JRI

    -0.0200

    13.7

    -0.15%

  • VOD

    0.0500

    12.59

    +0.4%

  • AZN

    -0.4600

    89.83

    -0.51%

  • RYCEF

    -0.2500

    14.6

    -1.71%

  • RIO

    -1.0800

    75.66

    -1.43%

  • CMSC

    -0.1300

    23.3

    -0.56%

In backing Brazil's Bolsonaro, Trump may be helping Lula
In backing Brazil's Bolsonaro, Trump may be helping Lula / Photo: Kazuhiro NOGI, Jim WATSON - AFP/File

In backing Brazil's Bolsonaro, Trump may be helping Lula

US President Donald Trump's backing for a far-right Brazilian ally could inadvertently boost leftist President Luis Inacio Lula da Silva's flagging political fortunes, analysts say.

Text size:

Brazilians on both sides of the political aisle have been angered by a threatened 50 percent tariff on exports to the US -- a penalty for what Trump calls a "witch hunt" against ex-president Jair Bolsonaro.

Bolsonaro is on trial for allegedly plotting a coup against Lula, who narrowly beat him in a bitter 2022 election that deeply divided voters in the South American powerhouse.

Lula's popularity has tanked amid persistent inflation, anger over an alleged social security scam to defraud retirees, and a proposal to raise tax on financial transactions.

But he seems to have been bolstered by Washington's threats: rallying Brazilians against a common meddlesome enemy.

"Trump gave Lula a great gift," analyst Andre Cesar of the HOLD marketing consultancy told AFP.

Rejecting US "interference," Lula's administration has launched a patriotic campaign under the slogan: "Brazil ('Brasil' in Portuguese) is written with an S for Sovereignty."

The former trade unionist has been sporting a baseball cap with the words "Brazil belongs to Brazilians," and made fun of Trump at a recent event by offering to send him a local fruit as a treatment against "bad mood" and "tariff fights."

Lula is also strategizing with leaders of industry and agribusiness who stand to lose much in a tariff war, but are traditionally allies in Bolsonaro's conservative "Bibles, bullets and beef" coalition.

"Lula taxes the rich, Bolsonaro taxes Brazilians," rings another slogan adopted by the administration in Brasilia.

The president's entourage has been relishing an apparent political boon from the threatened tariff they nevertheless hope will never come to pass.

"Bolsonarismo wants to hold Brazil hostage to save Bolsonaro. It's great" for the left, a member of Lula's team told AFP on condition of anonymity, referring to the movement named after the ex-president's supporters.

"Now we need to make the most of it until next year," when Brazil goes to the polls to elect a president for the next four years.

Lula, 79, has not said whether he will seek reelection. Bolsonaro, for his part, has been ruled ineligible to hold office by a court that found him guilty of spreading misinformation about Brazil's electoral system.

- 'Make Brazil Free Again' -

On the back foot, few in Brazil's political right welcomed the tariff move despite having agitated for US measures against Lula's administration and the courts for their "persecution" of Bolsonaro.

Among the rare defenders was congressman Eduardo Bolsonaro -- the former president's son -- who wrote: "Thank you President Trump. Make Brazil Free Again," in an all-caps social media post after the US president's own writing style.

Bolsonaro himself was more guarded in his response, and at pains to stress he was "not happy" about the tariff pain Brazilian producers would suffer.

Sao Paulo governor Tarcisio de Freitas -- a possible 2026 right-wing presidential candidate -- also toned down his usual antagonism towards Lula to call for "joint efforts" against US tariffs that would inflict deep pain on Brazil's richest state and its lucrative aerospace industry.

Geraldo Monteiro, a political science professor at the Federal University of Rio de Janeiro, said Trump's threats "may have shifted the game" by "further isolating the far-right" in Brazil.

"There was an unexpected convergence of interests between Lula's government and the business class, in addition to a convergence of the political class to align with Lula," he told AFP.

Z.W.Varughese--DT