Businessweek Daily

Trump’s Tariffs Upend Brazil’s Presidential Politics

Lula’s approval rating rises in response to US threats. Plus: Why Russia plotted to kill the CEO arming Ukraine

Activists in São Paulo demonstrate on Friday in support of national sovereignty in the face of threats from US President Donald Trump.

Photographer: Nelson Almeida/AFP/Getty Images

Brazil holds an unusual position in President Donald Trump’s trade war because his complaints are more political than economic. Bureau chief Vanessa Dezem writes today about how the US intervention has so far strengthened the position of the current government. Plus: A plot to kill a weapons maker, a potential rift in the Republican coalition and a surprising market surge for Israel.

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