Brazil’s Lula announces $5.5 billion in credits for exporters hit by US tariffs
SAO PAULO (AP) — The Brazilian government on Wednesday unveiled a plan to support local companies affected by a 50% tariff imposed by U.S. President Donald Trump on several of the country’s exports. Dubbed “Sovereign Brazil,” the plan provides for a credit lifeline of 30 billion reais ($5.5 billion), among other measures. Hours later, U.S. Secretary of […]
AUG. 14, 2025




