Brazil is Planning Relief Measures for Firms Hit by US Tariffs, Says Minister

Brazil is planning relief measures for companies impacted heavily by steeper U.S. tariffs set to take effect in August, Finance Minister Fernando Haddad said on Tuesday.

Speaking to CNN Brasil, Haddad said the plan, which will be reviewed by President Luiz Inacio Lula da Silva, includes steps to ensure companies have the confidence to maintain their investments.

He denied, however, that the plan includes tax exemptions for the affected companies.

Earlier on Tuesday, Ports and Airports Minister Silvio Costa Filho said the government...

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