Brazil offers $5 billion for companies hit by tariffs

巴西为受关税影响的企业提供50亿美元援助

Business Matters

2025-08-14

49 分钟
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Brazil's President Luiz Inácio Lula da Silva says more than $5 billion in credit will go to companies which face 50 per cent tariffs to export goods to the US. The US Treasury Secretary, Scott Bessent, says a controversial deal that the White House struck with chipmakers Nvidia and AMD, handing over 15% of their Chinese sales in return for export licences, could be rolled out to other industries. Startup companies in the US have started a no-shoes-in-the-office policy, meaning that you take your shoes off when you come into the office and wear optional slippers. Throughout the programme, Leanna Byrne will be joined by two guests on opposite sides of the world – Diane Brady, Executive Editorial Director at Fortune magazine in New York, and Han-Shen Lin, China Country Director, The Asia Group, in Shanghai.
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  • Hello and welcome to Business Matters.

  • I'm Liana Byrne.

  • On the program today, Brazil's president unveils a sweeping plan to help exporters hit by tariffs.

  • But will it work?

  • We spoke here in Brazil with mango producers that said that tons of the fruit would likely go raw

  • because they wouldn't be able to export it.

  • Meat exporters are estimating a billion dollars in losses until the end of the year.

  • And why more companies are telling workers to take their shoes off in the office?

  • If the secretary is signaling that all of that would be in play,

  • if there were sufficient revenues attached to the Treasury,

  • then that would be wholesale change to how the expert controls work.

  • Now,

  • he did seem to suggest that there would still be some red lines not to be crossed based on national security grounds.

  • So that clip was actually about a controversial White House deal with US chip giants NVIDIA and AMD that could soon be golled out to other industries.

  • Now here is why more companies are telling workers to take their shoes off in the office.

  • We just make sure that people are comfortable in the office environment.

  • And then so we do not do this to make them a distractor or anything like that.

  • This in fact helps them just relax and they can just focus on what they are working on.

  • It sounds nice.

  • What do you think of that?