• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Trump’s victory could give boost to Brazil’s Bolsonaro’s re-election hopes amid court ban on him running

by January 10, 2025
written by January 10, 2025

President-elect Donald Trump’s victory in November’s election has given hope to Brazil’s former leader Jair Bolsonaro, who is currently barred from running for public office until 2030 due to a ruling by Brazil’s Superior Electoral Court. 

Known as the ‘Trump of the Tropics,’ the court decision stemmed from his alleged abuse of power and ‘unfounded attacks on the country’s electronic voting system.’

Despite the prohibition, Bolsonaro and his supporters are actively seeking avenues to overturn the ruling. The expected legal challenges and political strategies pin a lot of hope on Trump. Furthermore, Bolsonaro is counting on the president-elect to exert pressure on the government of Brazilian President Luiz Inácio Lula da Silva (Lula) so he can challenge for the presidency in 2026.

‘Trump’s victory goes far beyond being positive for democracy in Brazil and the world; it is good news for global peace,’ Bolsonaro’s son, Congressman Eduardo Bolsonaro, told Fox News Digital. 

He noted how ‘President Lula, days before the election, had expressed support for Kamala Harris and suggested that a new Trump administration would be ‘Nazism in another form.’ However, after Trump’s victory, Lula congratulated the president-elect and tried to downplay his earlier, widely criticized statement.’

Nonetheless, key Lula allies, including the leader of the Workers Party, Gleisi Hoffmann, along with Finance Minister Fernando Haddad and Agriculture Minister Paulo Teixeira, have lambasted the incoming Trump administration.

Bolsonaro believes Trump’s victory will put the present government in a bind.

‘Lula and his team know they will not be able to control Trump, so their only option is to try to destroy him by aligning themselves even further with China. The result is the continued political polarization and debates far removed from the true concerns of the population, which seeks solutions for issues like healthcare, education, security, employment, and basic sanitation. This disconnect from ordinary citizens strongly resembles the reasons behind the Democratic Party’s defeat in the last American election – it’s almost a ‘déjà vu.’’

Lula and BRICS countries have discussed ways to combat the dominance of the dollar in global financial markets, but Bolsonaro argues that such a strategy will be counter-productive. 

‘Trump announced on his social media that countries adopting this stance would face a 100% tariff on their exports to the U.S. Such a conflict never occurred during Jair Bolsonaro’s presidency, whether under Trump or Biden,’ he said, adding, ‘This situation will create significant pressure on Lula’s business base. A large portion of these entrepreneurs maintain substantial trade relations with the U.S. and are often the largest donors to the socialist’s electoral campaigns. Despite ideological alignment in some areas, these businesspeople prioritize economic pragmatism.’

The BRICS countries include Brazil, Russia, India, China and South Africa.

Bolsonaro also views the Bolsonaro/Trump ideological alignment on freedom of speech issues as a key component to a potential return of Bolsonaro to the political realm.

In March 2022, Minister of the Supreme Federal Court of Brazil Alexandre de Moraes ordered the suspension of the messasging app Telegram in Brazil, and in 2024, he ordered X to block accounts allegedly spreading false information. Elon Musk publicly criticized these orders as censorship. The dispute escalated when de Moraes imposed fines and threatened legal action, leading to a temporary suspension of X’s operations in Brazil. The platform resumed services after complying with court mandates. 

The last opinion polls conducted in May 2024 indicated that Bolsonaro would secure 39% of the vote in a hypothetical matchup against current President Luiz Inácio Lula da Silva, who polled at 47%. However, experts consider these figures to be hypothetical, given Bolsonaro’s current ineligibility. At the same time, Bolsonaro’s popularity has been rising again in recent months. 

The relationship between some Republicans and Lula’s administration has been characterized by limited direct engagement, primarily due to differing ideological stances and policy priorities. Historically, the Republican Party has maintained closer ties with right-leaning Brazilian leaders, notably President Bolsonaro, who shared similar conservative viewpoints.

Political analyst Sandra Bronzina told Fox News Digital, ‘Not long ago Congresswoman María Elvira Salazar sponsored a measure to deny visas to members of the Brazilian Supreme Court for abuse of power. At the time, the measure was not approved, but now that the Republicans will have a majority, it could be revisited. We cannot forget that Minister Alexandre de Moraes, of the Brazilian Supreme Court, was in direct confrontation with Elon Musk, even removing X from Brazil. It turns out that now Elon Musk will be part of the Trump government.’

Bronzina said, ‘The fact that Trump has returned with a resounding electoral win does not bode well for the Lula administration. In a very short time, Lula’s economic policies have been a disaster, the dollar has risen a lot, inflation has increased, the country’s debt already exceeds 9 trillion reals, and all of this impacts the voter daily. I think that just like in the U.S., where bad economic policies made them miss Trump, the Brazilians right now are also missing Bolsonaro and his Economy Minister, Paulo Guedes.’

Analysts consider that while Bolsonaro enjoys a significant support base and is actively seeking to overturn his political ban, his chances of being re-elected president remain uncertain due to existing legal constraints.

‘The Supreme Court disqualified Jair Bolsonaro in a very unfair decision…but the right will be strengthened now since Donald Trump’s victory gave the right in Brazil new hope in 2026. The 2024 elections were favorable for right-wing candidates. Lula’s popularity is also very low, which means that in 2026 the right’s options are enormous’, Congressman Marcel van Hattem told Fox News Digital.

Related Topics




This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Microsoft, Google, Boeing join donors list for Trump’s record $170M inauguration fund
next post
Garth Brooks, Trisha Yearwood’s friendship with President Carter spanned years: ‘They’ve inspired us’

related articles

Trump’s apocalyptic Iran warning raises stakes for sweeping...

April 7, 2026

Graham eyes ‘down payment’ on Trump-backed SAVE Act...

April 7, 2026

Democrat whose parents fled Iran moves to oust...

April 7, 2026

Midterm alarm bells: Democrats face steep favorability deficit...

April 7, 2026

American journalist kidnapped in Iraq is set free,...

April 7, 2026

Dem Senate primary erupts in key state as...

April 7, 2026

Trump-backed candidate aims to pad GOP’s fragile House...

April 7, 2026

Ilhan Omar calls Trump an ‘unhinged lunatic,’ urges...

April 7, 2026

White House unleashes on Stacey Abrams in latest...

April 7, 2026

Former Virginia Gov Glenn Youngkin hints at political...

April 7, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Trump’s Senate closer: Republican freshman emerges as key White House ally

    August 8, 2025
  • ‘Sesame Street in Iraq’: USAID’s ‘wasteful and dangerous’ spending exposed by senator

    February 5, 2025
  • Ford CEO Jim Farley reveals key advantage over crosstown rivals: ‘No other company has Ford Pro’

    August 5, 2024
  • Under Armour shares surge 25% as company raises profit forecast on cost-saving strategies

    November 7, 2024
  • Microsoft beats Q2 earnings as Azure jumps 39% and cloud revenue tops $50B

    January 29, 2026

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,502)
  • Investing (2,027)
  • Stock (1,017)

Latest Posts

  • Bernie Sanders disagrees, but Trump keeps insisting Harris is more liberal than the Vermont senator

    August 13, 2024
  • Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

    August 29, 2024
  • Putin praises Trump’s peace efforts as ‘really doing a lot’ to resolve global crises and conflicts

    October 10, 2025

Recent Posts

  • Dow futures surge 100 points: 5 things to know before market opens

    April 14, 2026
  • FBI arrests suspect in attack on US Attorney Alina Habba’s office

    November 15, 2025
  • FTC drops Biden-era suit accusing Pepsi of price discrimination

    May 23, 2025

Editor’s Pick

  • Pentagon calls Charlie Kirk posts ‘domestic terrorism’; Dem warns discipline is ‘un-American’

    September 16, 2025
  • China outlines more controls on exports of rare earths and technology

    October 10, 2025
  • Nvidia CEO Jensen Huang sees $1T AI chip demand by 2027 at GTC

    March 16, 2026
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock