Xinhua
23 Jul 2026, 13:45 GMT+10
(260723) -- BRASILIA, July 23, 2026 (Xinhua) -- Brazilian President Luiz Inacio Lula da Silva attends the signing ceremony for the bill allocating funds to credit lines in Brasilia, Brazil, July 22, 2026. Lula on Wednesday announced 18.5 billion reais (3.65 billion U.S. dollars) in new credit lines for companies affected by the U.S. additional 25-percent tariff on Brazilian products.
Lula said that his government would continue negotiations with the United States, while seeking new markets to expand exports, and that Brazil would focus on expanding its presence in other international markets. (Photo by Lucio Tavora/Xinhua)
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