Announcement
22 Aug 2025
In August 2025, Brazil's National Bank for Economic and Social Development (BNDES) announced the launch of credit and guarantee programs to support companies exporting goods impacted by additional tariffs imposed on Brazilian exports to the United States. These measures are part of the "Sovereign Brazil Plan".
Source
Number of interventions
4
4 certainly harmful
0 likely harmful
0 liberalising
Implementation date
18 Sep 2025
Revocation date:
No revocation date
Implementation date
22 Aug 2025
Revocation date:
No revocation date
Announced: 15 May 2026
Brazil: BRL 6 billion budget increase for the Sovereign Brazil credit program
Removed: 14 May 2026
Brazil: Government allocates BRL 15 billion from the Sovereign Brazil Plan to support companies affected by the Middle East conflict
Announced: 13 Aug 2025
Brazil: Launch of "Sovereign Brazil Plan" to support businesses affected by US tariffs
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