BRAZIL PERSPECTIVE

Brasília weaves two threads in parallel. The first is diplomatic-humanitarian: Folha, Estadão, G1 document the attack with precision — an Indian killed, 63 wounded, Iranian diplomats expelled, Kuwaiti air traffic suspended. The tone is restrained, factual, with no explicit condemnation — Brazilian diplomacy prefers not to publicly position itself on the US/Iran grid. Folha quotes the Kuwaiti line on 'continuous and heinous aggressions' from Tehran and the 24-hour expulsion of diplomats verbatim. The second thread is economic and far more visible on Brazilian front pages: Veja headlines 'Bovespa plunges more than 2% on Trump tariff threats' and combines it with the Gulf night — 'How Trump's new tariff offensive against Brazil and the Middle East war hit the stock market and dollar on Wednesday'. For Brasília, the Kuwait attack is not an isolated crisis but an additional layer on top of Trump's tariff offensive against Brazilian exports. The stock market plunges under the combined effect. The dollar climbs. Lula, already in open confrontation with Washington on tariffs, sees his room for maneuver shrink further. The Brazilian perspective is that of a mid-sized country absorbing two simultaneous shockwaves — one geopolitical, one commercial — with no lever on either actor.