Brazil has introduced a much-awaited support package for exporters who have been negatively affected by the steep U.S. tariffs imposed by President Donald Trump.
The government of Brazil has announced that it will expand the rebate program to all exporters who ship their products to the United States. The initiative is aimed at reducing the impact of the higher import duties.
The plan will also include direct government purchases of products that were originally intended for the U.S. market but have been sidelined by the tariffs. The officials did not reveal the total cost of the program or the duration for which the measures will be in place.
The U.S. has imposed some of its highest tariff rates on Brazilian goods in decades, targeting sectors from metals to agriculture. The move has been criticized by Brazilian exporters and industry groups, who claim that the measures will harm market access and profitability.
The aid package is one of the most direct responses by the Brazilian government to the trade dispute, showing its intention to protect domestic industries and preserve jobs. The officials portrayed the measures as part of a larger effort to defend Brazil’s competitiveness against global trade challenges.
