ApexBrasil says US$7.2 billion of Brazil's US$38 billion in exports to the US face the new 25% tariff from July 22; farm group CNA puts the agricultural hit at 36.5%.

The government will expand the Brasil Soberano program, which offers credit lines to exporters affected by the tariffs

The United States is imposing 25 per cent tariffs on imports from Brazil, after finding a range of what it deemed unfair trade practices by the world’s 10th-biggest economy.The…