The Tariff Trap: How US Sanctions Are Backfiring on Bolsonaro's Son The Brazilian presidential elections are approaching, and a curious phenomenon has emerged.
As Washington pressures Brasilia with tariffs and sanctions, Luiz Inacio Lula da Silva appears to be gaining strength.
The latest development is a fresh wave of 25 percent tariffs on various Brazilian goods, imposed by the Trump administration. At first glance, these measures seem designed to weaken Lula's chances at re election.