News
08 August 2025

Brazil could pull $5.5bn from BNDES fund to prop up tariff-hit businesses

In:
Other
Region:
Americas

Brazil’s government is mulling shifting some BRL30 billion ($5.54 billion) from a fund managed by BNDES to support local firms hit by steep tariffs imposed by the US on Brazilian goods, sources said.Brasilia is readying relief measures for the industries hit by the US’ 50% levies, which...

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