Brazil Export-Relief Package: US$3.7 Billion After US Tariffs
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The post More than 52% of Brazil's exports to the U.S. are exempt from Trump's new tariffs applied first on BioBioChile, reported official sources this Friday. The additional charges announced by the U.S. in the last week will affect 23.1% of Brazilian sales to the U.S. market, according to estimates by the Ministry of Development, Industry and Trade. Another 24.2% was already subject to current sectoral tariffs, as explained by the portfolio in…
Brazil Export-Relief Package: US$3.7 Billion After US Tariffs
Trade & Policy Key Facts —Package size. Brazil is mobilising 18.5 billion reais (US$3.7 billion) in new credit lines for affected exporters. —Funding sources. The Treasury will provide 13.5 billion reais and development bank BNDES will add 5 billion reais. —Targeted sectors. Steel and metallurgy, autos, machinery, furniture, and footwear are among the main sectors […] The post Brazil Export-Relief Package: US$3.7 Billion After US Tariffs appeare…
Lifting PowerData shows reversal in perception of foreign trade after tariffs imposed by Donald Trump
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