Brazil Introduces $1.9 Billion Credit Line for Tariff-Hit Companies

Reported 1 day ago

Brazil's state development bank BNDES has launched a new credit line worth 10 billion reais (approximately $1.85 billion) aimed at assisting companies impacted by U.S. tariffs. This initiative is designed to support both general operational costs and efforts to explore new markets, alongside a previous credit line of 30 billion reais announced by the government earlier in the month. The credit is available to Brazilian companies affected by U.S. tariffs.

Source: YAHOO

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