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Brazil allocates R$ 13.5 billion to mitigate impact of US 25% tariffs
Valor Econômico·BR · US·1 day ago
The Brazilian government is launching an 18.5 billion real fiscal support package to mitigate the impact of new U.S. tariffs on domestic industries. President Lula has signaled a pivot toward diversifying export markets rather than seeking immediate diplomatic reversal, though the long-term efficacy of this fiscal intervention remains uncertain.
Entities
The United States has implemented new tariffs on approximately 60 countries, marking a significant shift toward protectionist trade policy. The move has sparked retaliatory measures from countries such as Brazil, which has activated its Reciprocity Law. Confidence is high that trade tensions will continue to escalate, but the specific scope and impact of the tariffs remain uncertain.