Brazil plans to respond to the recent increase in U.S. tariffs with a credit-based approach, Finance Minister Fernando Haddad announced on Thursday. The move comes amid escalating trade tensions between the two countries, as Brazil seeks to mitigate the economic impact of Washington’s protectionist measures. According to Reuters, the Brazilian government aims to implement financial mechanisms that support domestic industries affected by the tariff hike, signaling a strategic shift in its trade policy.
Brazil’s Finance Minister Signals Credit-Based Countermeasures Amid US Tariff Increase
Brazil’s Finance Minister has disclosed that the government is preparing a strategic credit-based package as a response to the recent tariffs imposed by the United States. This move underscores Brazil’s commitment to safeguarding its export sectors without escalating direct trade conflicts. The proposed measures will focus on enhancing financial support to affected industries, allowing them to…
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Author : Isabella Rossi
Publish date : 2025-07-27 18:33:00
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