Brazil allocates R$ 4 billion in subsidies to fertilizer and critical minerals sectors

The Brazilian government launched the third phase of the 'Brasil Soberano' program, providing R$ 4 billion in subsidized credit to mitigate the impact of a 37.5% U.S. tariff imposed in July. This move aims to bolster domestic production capacity in strategic sectors, though the long-term efficacy of these subsidies against U.S. trade barriers remains uncertain.