Tag Archives: 5.5B

Brazil announces $5.5B package to counter Trump’s tariffs – DW – 08/14/2025

Brazil announces .5B package to counter Trump’s tariffs – DW – 08/14/2025

Brazilian President Luiz Inacio Lula da Silva on Wednesday announced a plan to support exporters hit by high tariffs of up to 50% imposed by US President Donald Trump on several products from the country. The plan provides credit of 20 billion reais ($5.5 billion; €4.7 billion) to support embattled exporters. Other measures included in the plan include postponing tax …

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