The plan, called ‘Sovereign Brazil’, will include credit for businesses that rely on exports.
The Brazilian government has launched the “Sovereign Brazil” initiative, offering 30 billion reais ($5.5bn) in support for exporters affected by U.S. tariffs, alongside tax relief and expanded insurance access. President Lula emphasized the need for innovation during crises, as the tariffs, linked to political tensions involving former President Bolsonaro, have severely impacted various sectors.
