Rio de Janeiro., The government of Luiz Inácio Lula da Silva has been applying since yesterday a renewed version of the Sovereign Brazil plan, which provides for special lines of credit for companies affected by the increase in tariffs in the United States or by the economic impacts derived from the conflicts in the Middle East.
The federal Executive Branch reduced “from 5 to one percent the minimum percentage of impact on billing required as a requirement to be subject to government credits,” so more companies will benefit, especially smaller ones, the Executive reported in a statement.
Among the sectors that receive support for being exporters to the United States are sellers of steel, copper, aluminum, automobiles and furniture, which still suffer a good part of the 50 percent tariffs imposed in 2025 by the administration of US President Donald Trump.
In the case of the benefit to those affected by sales to the Middle East, the textile, chemical, pharmaceutical, automobile, machinery, electronics, plastics, transportation and critical minerals sectors are included.
On Saturday, a study was revealed indicating that the development entity National Bank for Economic and Social Development of Brazil assured that from August to December 2025, when the first 50 percent tariff rate imposed by the United States came into force, Brazilian exports grew 8 percent, while sales to the United States fell 21 percent.
In 2025, Brazilian exports increased 3.5 percent, despite the fact that shipments to the US market fell 6.6 percent.
Recently, the US Trade Office suggested extra tariffs of 25 percent for Brazilian goods, but that tariff has not come into force, and the government of the Southern Cone giant is trying to negotiate the suspension against the clock.
Lula criticized said tariff plan and assured that during the meeting with Trump the issue was not mentioned, and suggested that the conflict arose due to a political issue in which the children of former president Jair Bolsonaro are involved, in a competition for the mandate of Brazil.