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BNDES approves R$ 7.6 billion to support Brazilian companies.
The National Bank for Economic and Social Development (BNDES) has already approved R$ 7.6 billion in credits from the Sovereign Brazil Plan to assist companies affected by tariffs imposed by the United States, according to data revealed this Monday (17) by the bank's president, Aloizio Mercadante.
Details of approved loan
- 535 transactions were carried out, linked to 134 large companies and 401 micro, small and medium-sized enterprises.
- States that benefited the most: São Paulo (R$ 2.2 billion), Rio Grande do Sul (R$ 1.2 billion), Santa Catarina (R$ 1.1 billion) and Paraná (R$ 900 million).
- There are still R$ 2.1 billion in applications in the queue for analysis, which could bring the total to R$ 9.7 billion.
Impacts and expectations
Mercadante stated that the greatest demand is for working capital, essential for expanding production capacity and seeking new markets, as well as support for suppliers of the affected companies, with a promise of a credit line available from November 24th.
The Sovereign Brazil Plan, launched after the imposition of US tariffs, aims to mitigate the effects of the so-called "tariff hike," especially for export sectors that suffered a direct impact from the US measures.
International and commercial context
Brazilian Vice President Geraldo Alckmin highlighted that the recent US executive order eliminated an additional tariff of 10% on products such as orange juice, coffee, and meat, increasing the volume exported without extra tariffs from 23% to 26%, representing an increase from US$$ 9.4 billion to US$$ 10.3 billion in 2024. However, there are still high tariffs, such as the 40% levied on coffee, which Brazil will continue to negotiate for reduction.
Brazilian foreign trade had a record performance in 2025, with exports reaching US$290 billion from January to October and growth of 9.11% in October, in addition to opening up to around 500 new markets and trade agreements.
Relevance to the national market
These efforts by the Brazilian government to mitigate trade barriers and offer financial support to companies impacted by US tariffs are crucial for maintaining Brazil's competitiveness in the international market and strengthening domestic production chains.
Photo by Fernando Santos on Unsplash






