With President Trump on their side, U.S. technology companies now have more leverage in Brazil, where they seek to influence new rules policing their platforms.

Brazil has launched a $5.5 billion “Sovereign Brazil” package to protect exporters from new US tariffs, offering credit lines, tax relief, and market support while pursuing diplomatic solutions.

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.