
‘Sovereign Brazil’: BNDES unveils $1.85 billion credit line to support exporters hit by US tariffs; government aid ensures liquidity and market diversification – Times of India
US President Donald Trump and Brazilian president Luiz Inacio Lula da Silva (AP) Brazil’s state development bank, BNDES, on Friday announced a 10 billion reais ($1.85 billion) credit line to help companies affected by steep US tariffs. The facility is divided into funding for general operating expenses and exploring new export markets, complementing a 30…