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The Nexus
BUSINESSJul 24 · 15:56 UTCTHE RIO TIMESRafael Silva Santos

Brazil Export-Relief Package: US$3.7 Billion After US Tariffs

Brazil is allocating 18.5 billion reais (US$3.7 billion) in credit lines for exporters affected by US tariffs. The Treasury will contribute 13.5 billion reais, while BNDES will provide 5 billion reais. Targeted sectors include steel, metallurgy, autos, machinery, furniture, and footwear.

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