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Story summary
- Brazil announced an extraordinary credit line of nearly 13.3 billion reais, equal to about $2.6 billion at 5.0961 reais per dollar.
- The federal government authorized the credit in an extra edition of the official gazette on July 17, 2026.
- The funds target rural development programs, debt-refinancing initiatives, and sugarcane producers hurt by the tariffs.
- U.S. President Donald Trump’s administration imposed a 25 % tariff on numerous Brazilian products on July 16, 2026, citing unfair trade practices.
