US EditionBrazil Plans Cheap Credit, Debt Delays for Firms Hit by Tariffs
6 Articles
6 Articles
Brazil Plans Cheap Credit, Debt Delays for Firms Hit by Tariffs
Brazil is finalizing proposals to help companies mitigate the effects of steep US tariffs with debt extensions, cheaper credit and support for workers’ salaries, according to an official with knowledge of the plans.
Members of the Lula government pointed out the economic sectors, at a meeting on Tuesday (4), that federal management could buy goods that were not exported to the United States due to the 50% rates established by North American President Donald Trump. Productive sector sources that were also present at the meeting reported to the CNN that the Minister for Agriculture and Family Agriculture, Paulo Teixeira, commented that surpluses of a series o…
Bahia Governor Jerônimo Rodrigues (Workers' Party) harshly criticized the far-right's attempt to politicize the impact of the tariff hike imposed by the United States on Brazil in an interview after meeting with the president of FIEB and members of sectors affected by the US president's measure, this Monday (4). The meeting, held at the headquarters of the Federation of Industries of Bahia, in Stiep, discussed the effects of the 50% tax on expor…
The Minister also stated that Camex authorized Brazil to submit a consultation to the World Trade Organization regarding the tariff hike.
The application of the new 50% rates on Brazilian products by the United States will start on Thursday (6). Thus, the Brazilian government, under the leadership of Vice-President Geraldo Alckmin, seeks alternatives to mitigating the impact in the food sector. A meeting takes place in Brazil between Alckmin, which is also the Minister for Development, Industry and Foreign Trade, and representatives of the meat, coffee, coffee and organic sugar se…
Starting Wednesday (6), the 50% tariff imposed by the Donald Trump administration on Brazilian products comes into effect, after an initial 10% increase last Friday (1st). The measure was announced under the justification that Brazilian authorities were harming American companies, the right to freedom of expression of American citizens and the country's foreign policy and economy. A delegation of Brazilian senators in Washington began an attempt…
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