Brazil President Lula announces R$ 18.5 billion financing to mitigate trade tensions with US

President Lula announced the third phase of the 'Plano Brasil Soberano' to provide R$ 18.5 billion in financing for strategic sectors, framing the initiative as a response to ongoing trade friction with the United States. The move aims to bolster domestic industrial capacity and reduce reliance on external trade dynamics, though the specific nature of the 'trade crisis' remains broadly defined.