Brazil’s government on Wednesday rolled out a long-awaited relief package including 30 billion reais ($5.6 billion) in credit to support local companies hit by Donald Trump’s trade tariffs.

Brazil's government unveiled on Wednesday a long-awaited aid package for companies hurt by steep U.S. tariffs, centered on credit lines for exporters and government purchases of products that face greater hurdles in finding alternative markets.

Brazil's President Lula da Silva said the move is supposed to "create new things" out of the crisis resulted by Donald Trump's tariffs. While denouncing Trump, Lula says his country is still ready to negotiate.

The Brazilian president, Luiz Inácio Lula da Silva, has hit back at Donald Trump’s campaign against the South American country’s judiciary, claiming the US president would be put on trial in Brazil had the January 6 US Capitol attacks taken place there.

The Brazilian government on Wednesday unveiled a plan to support local exporters affected by a 50% tariff imposed by U.S. President Donald Trump on several products from the South American nation. Dubbed “Sovereign Brazil,

Brazil's President Luiz Inacio Lula da Silva on Tuesday said his government would provide 30 billion reais ($5.55 billion) in credit as part of a plan to support companies that export goods and are affected by steeper tariffs imposed from Washington.