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LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

July 23, 2025

What Factors Are Driving Up Lula’s Popularity in Brazil?

Brazilian President Luiz Inácio Lula da Silva last week saw a rise in his approval rating. // File Photo: Brazilian Government.

Q

A

Marina Pera, analyst at Control Risks: “Even though Trump justified the tariffs by claiming that Lula and the Supreme Court are undertaking a ‘witch hunt’ against former President Jair Bolsonaro, there might be other grievances driving the threats. Brazil was not (at least not publicly) on Trump’s radar until the BRICS summit opened in Rio de Janeiro on July 6. On this occasion, Lula criticized U.S. protectionism and advocated the use of local currencies (instead of the U.S. dollar) for trade between BRICS members. The Trump administration, therefore, perceived Lula as using the BRICS as a platform to promote broader realignment with the Global South. Moreover, Lula has been deepening economic ties with China over the past few months. In May, for example, Lula and Chinese President Xi Jinping signed more than 30 agreements enabling Chinese investment in mining, transport…”

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