Emergency Fund to Support Industries Impacted by US Tariff

The Brazilian government is set to launch an emergency fund called Brasil Soberano 3 aimed at supporting industries affected by the tariff imposed by the United States. According to sources from Valor Econômico, the total proposed amount is up to R$13.5 billion (approximately $2.4 billion). Although this sum is substantial, it may not be fully utilized. These funds will primarily come from unused credit lines previously allocated through the BNDES, including the Brasil Soberano 1 launched last year following the first tariff wave. Additionally, the program could include own resources from BNDES, further expanding its financing capacity. This move aligns with a broader strategy to address external challenges that directly impact the national economy, reflecting global geopolitical tensions affecting financial and commercial markets worldwide. The Brasil Soberano 3 is a significant step in mitigating the impacts of the US tariff while supporting strategic sectors of the national economy.