I dispute the fact it only hurts Brazil.
US companies hold vast investment interests in Brazil which also provides an important emerging market to US exports [different from China, the US has a huge trade surplus with Brazil]. In addition, Brazilians are now ranked as number 5 as foreign tourists in the US and no. 3 as the tourists that spent more dollars per day in the US after UK and Japanese tourists.
Brazilians do not need visa to a many countries exactly because of the "reciprocity policy" which explains why Brazilians do not need visa for Europe including UK and Switzerland and many other countries.
Rgs,