The Brazilian Government has announced the launch of the Sovereign Brazil Plan to protect Brazilian exporters from the 50% U.S. tariffs on imports from Brazil approved by President Trump at the end of July 2025 (executive order). Key points of the plan include the following:
- Companies significantly impacted by U.S. tariffs are allowed to postpone federal tax and debt payments for two months, subject to criteria defined by the Ministry of Finance;
- Exporters using tax-suspended inputs are gra…