Oliver Stuenkel, a professor of global relations at the Fundacao Getulio Vargas university in Sao Paulo, says Bolsonaro's decisions will reverberate in a way they don't necessarily for a leader like Trump.
His brash style and harsh statements have led many to compare him to the United States president, referring to him as "Trump of the tropics" or "Brazil's Donald Trump".
Mr. Bolsonaro, the so-called "Trump of the Tropics", is a notoriously divisive figure, whose hardline approach has deeply divided Latin America's largest country.
The markets could continue to boom, Mariscal said, if Bolsonaro keeps his promise to allow Guedes, who is expected to be named economy minister, the autonomy needed to carry out his plans. "To increase deforestation and greenhouse gas emissions is to leave each and everyone of us more vulnerable to an increasing risk of climate extremes". "The Bolsonaro government hasn't even started and the backsliding is already incalculable", she tweeted.
Following behind-closed-door talks on Tuesday, Bolsonaro's top economic adviser Paulo Guedes confirmed that an economic super-ministry would be formed combining finance, planning, industry and trade.
His quick reversal will likely raise fears he will stick to his hardline conservative stance on other issues, too, after dialing back his vitriolic and derogatory rhetoric in the campaign's final stretch.
BREXIT: Britain, EU strike financial services deal
However, Mr Raab's own department later clarified that there was "no set date for the negotiations to conclude". The pound started to rally against the dollar following the publication of the report at midnight (0000 GMT).
Cleveland Cavaliers' J.R Smith hoping for a trade
Last year, former Phoenix Suns guard Eric Bledsoe was fined $10,000 for a tweet saying: "I don't wanna be here". The 6-foot-6 veteran has started 218 of 248 games since the Cavs acquired him in 2015.
Asian markets soar on hopes of end to US-China trade war
But Trump struck a more upbeat tone on Twitter after the phone call with Xi. We talked about many subjects, with a heavy emphasis on Trade.
The 63-year-old former paratrooper chose to give his first post-election interview to Record TV, a network owned by one of Brazil's biggest evangelical leaders.
Bolsonaro, with a proudly authoritarian approach that attracted Brazilian voters tired of crime and corruption, will have to find a way to fit into the groupings of developing countries. "We have the huge task of defending them", said Haddad.
In addition to the president-elect downplaying Brazil's past military rule, observers worry Brazil is taking another authoritarian turn: More incoming legislators will be former military officers or former federal police than at any point since the end of military rule.
In a now infamous 1999 television interview Bolsonaro also said: "You'll never change anything in this country through voting".
The far-right president-elect was swept to victory Sunday on a wave of anti-establishment outrage fueled in part by Moro's investigation into the large-scale looting of state oil company Petrobras, which has landed a laundry list of corrupt politicians and business executives in jail.
Lula, the former president, remains in prison on a 12-year sentence for corruption and money laundering.
His once-mighty Workers' Party said Tuesday the election was tainted by Moro's probe, and vowed "resistance" to Bolsonaro's government.