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Brazil offers $5.5 bn package for exporters to counter US tariffs
short by Saurav Joshi / on Thursday, 14 August, 2025
Brazilian President Luiz Inácio Lula da Silva on Wednesday announced a plan to provide $5.5 billion package for the country's exporters hit by high tariffs of up to 50% imposed by US President Donald Trump. "We cannot be scared, nervous, and anxious when there is a crisis. A crisis is for us to create new things," Lula da Silva added.
read more at DW