Trump’s triumphant return puts Brazil on a roller coaster

The act, if carried out, would pave the way for something similar in Brazil, that is, an amnesty for those convicted of January 8th and for the former Brazilian president himself, now ineligible.

Bolsonarists want to believe that the alliance with the most powerful president in the world increases pressure on the political class and especially on the ministers of the Federal Supreme Court.

But if Trump guides Bolsonaro’s steps, he also offers a manual to the opposition to Bolsonaroism, which previews in the USA two years in advance what could happen in Brazil.

Some effects of Trump’s return are, however, immediate.

If the Republican’s campaign promises are fulfilled, the global economic flow will change. If he taxes imported products, the American president-elect will contract inflation that will inevitably be controlled by increasing the basic interest rate.

International investors must react and drain resources into the US to benefit from its high yields, taking capital from countries like Brazil and devaluing currencies like the real.