Brazil expands credit and negotiates tariffs with the US.

Sovereign Brazil Plan expands access for companies.

Last Wednesday (12), the Brazilian government published Ordinance 21, which expands access to the Sovereign Brazil Plan, a financial aid program for companies affected by tariffs imposed by the United States. Now, the program, operated by BNDES, totals R$ 30 billion in credit lines and will include companies with a minimum impact of 1% on gross revenue, including suppliers of exporters. The measure aims to expand support in light of the ongoing tariff negotiations between Brazil and the USA.

Negotiations between Brazil and the US are progressing amidst COP30.

Brazilian Foreign Minister Mauro Vieira met with US Secretary of State Marco Rubio on the sidelines of the G7 summit in Niagara Falls, Canada. The meeting discussed the progress of bilateral negotiations on trade tariffs. Brazil recently submitted a formal proposal to the US to try to resolve the tariff impasse, which impacts productive sectors and the Brazilian business environment.

Financial market reacts cautiously.

On Thursday (13), the Ibovespa closed with a slight drop of 0.07%, interrupting a sequence of more than 10 days of gains, while the dollar rose 0.10%, quoted at R$ 5.2975. The global scenario, marked by the end of the shutdown in the US and diplomatic negotiations, and domestic economic indicators, such as the IBGE's Monthly Trade Survey, caused volatility.

Economic and sectoral impacts

• Banco do Brasil reported a 60% drop in annual profit, pressured by defaults and provisions, which reinforces the need for policies to support the productive sector.
• Retail trade showed mixed signals in September, with 15 states experiencing a decline and Tocantins and Amapá standing out positively.
• The Sovereign Brazil Plan expands not only access but also the sectoral scope, including suppliers, which can benefit the national production chain.

Debates and perspectives

These movements reveal a moment of tension and adaptation for Brazil in the global scenario, where the combination of credit policies, bilateral negotiations, and economic indicators will be decisive for sustainable growth and market stability.

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