Brazil’s Sovereign Brazil Plan introduces measures including BRL 30 billion in affordable credit, extended export compliance deadlines, and increased REINTEGRA refund rates to protect exporters, preserve jobs, attract investment, and support economic growth.

Brazil’s government has unveiled the Sovereign Brazil Plan, aimed at safeguarding Brazilian exporters from the 50% US import tariffs on Brazilian goods on 13 August 2025.

The Sovereign Brazil Plan is built around three key areas: strengthening the productive sector, protecting workers, and advancing commercial diplomacy and multilateral cooperation. Its measures aim to safeguard Brazilian exporters, preserve jobs, attract investment in strategic industries, and support the country’s long-term economic growth.

The Plan also expands export financing options, extends tax suspensions for exporting companies, raises the percentage of federal tax refunds through Reintegra, and makes it easier for government agencies to purchase food products.

Key measures are:

Credit lines

  • The measures allocate BRL 30 billion from the Export Guarantee Fund (FGE) to provide credit at affordable rates.
  • Priorities will be determined by a company’s reliance on exports to the US, the type of products it produces, and its size. Support will be directed first to those most impacted.
  • Small and medium-sized businesses will also have access to guaranteed funds to help secure credit.

Extended deadline for export compliance

The government has extended the deadline by one year for companies to prove the export of products made from imported inputs or locally sourced materials under the tax suspension regime. This extension allows these products to be exported to the US or other markets without incurring fines or interest, even if the original export deadline is missed.

Deferral of federal taxes

The Federal Revenue Service is allowing the most impacted companies to defer tax payments. Eligible companies can postpone their tax obligations for the next two months in response to the tariff increase.

FGE support for high-tech and green exporters

The Export Credit Insurance and Guarantee Fund (FGE) has been updated to provide broader coverage and increased financing options for exporters and their suppliers, with a focus on those operating in high-tech and green sectors.

New REINTEGRA for affected companies

Under the REINTEGRA regime, credit (refund) rates have been temporarily increased through December 2026 to a maximum of 3.1% for medium and large exporters, and up to 6% for micro and small exporters.

On 30 July 2025, President Donald Trump imposed 50% tariffs on most Brazilian imports, effective 6 August, exempting sectors like aircraft, energy, orange juice, pig iron, fertilisers, and most mining, but including key exports such as beef and coffee.