Economy Minister Luis Caputo said the measure was designed to increase exports and competitiveness

Faced with the triple whammy, one in four industrial companies is planning layoffs in the next 60 days

Quotas and exemptions negotiated during the U.S. president’s last term will no longer apply

The dollar soared in Brazil while the peso reached December 2023 levels and the end of the PAIS tax makes imports cheaper

Manufacturing sector leaders decried ‘unfair competition’ while the government pushed back on the demand for sector-specific policies

Industrial production has risen for two months in a row after a June trough — but remains well short of 2023 levels, official numbers show

The final version of the large investment incentive regime includes the production of electric and hybrid vehicles, among other changes

The index plummeted after showing growth in May, the only month of the year so far to have a positive value

Industry and construction are the hardest-hit sectors of an employment crisis that’s reaching further than the pandemic