Brazil & Volodymyr Zelenskyy

Brazil: Brazil was mentioned as a potential target in earlier versions but is not in the current top five list. Its exposure is limited.

Volodymyr Zelenskyy: Ukrainian president supported the bill and attended Graham's funeral.

Brazil: Brazil was a major buyer of Russian diesel before the export ban, absorbing a significant share of cargoes.

Volodymyr Zelenskyy: Zelenskyy is leading Ukraine's campaign of 'long-range sanctions' against Russian energy infrastructure. He has described the strikes as a response to Russia's refusal to end the war and has received a pledge from Trump for Patriot missile production licenses.

Brazil: Offered assistance. No direct market impact.

Volodymyr Zelenskyy: As president of Ukraine, he expressed solidarity and called for international support.

Brazil: Brazil is among the countries facing potential 12.5% import taxes from the US due to an investigation into alleged forced labor, which could impact its trade relations.

Volodymyr Zelenskyy: President Zelenskyy announced Ukrainian long-range drone strikes on a Russian oil terminal, indicating Ukraine's continued military actions against Russia.

Brazil: Brazil is invited to the G7 summit as an outreach partner country, with its President Lula da Silva attending the Outreach Session.