Brazil’s Supreme Court Clashes with Trump Over Sovereignty Amid Tariff Threat
Brazil's Supreme Federal Court found itself in an unexpected diplomatic skirmish after former U.S. President Donald TRUMP alleged a "witch hunt" against ex-Brazilian leader Jair Bolsonaro. Justices interrupted their judicial recess to coordinate a response, with Alexandre de Moraes leading efforts to counter Trump's claims. The court ultimately deferred to President Lula da Silva, who issued a sharp rebuke affirming Brazil's institutional independence.
The confrontation backfired spectacularly, according to political risk analyst Thiago de Aragão. Rather than intimidating the judiciary, Trump's intervention galvanized justices to proceed with Bolsonaro's case during their traditional break. The episode underscores how cryptocurrency markets increasingly react to geopolitical tensions between sovereign states and institutional actors.