Interim president states that the measure will be redone if it expires, but defends approval; focus now is to remove manufactured goods from Trump taxes
Acting President – during –, (PSB), stated this Monday (November 24, 2025) that the government could issue a new MP (Provisional Measure) of the Brazil More Sovereign Plan, if the current one expires without approval in Congress. The current MP, , created measures to combat American tariffs and expires on December 10th.
“If it does not approve, changing the legislature, a new provisional measure could theoretically be made“, Alckmin told journalists after a meeting with state secretaries of Economic Development, at Palácio do Planalto. He added: “Maybe even at the end of December. The legal staff there are evaluating“.
The Brasil Mais Soberano MP provides R$40 billion in credit and a guarantee fund for companies impacted by the tariff. The text also postpones the collection of taxes for September, October and November until December, in addition to extending the tax regime for one year. drawbackwhich exempts exporters from paying taxes on inputs.
The government cannot issue a new MP with the same content during the current legislative session, which ends on December 22. From the following day onwards, however, you will be free to re-edit the text. A new MP, issued on December 23rd, would come into force immediately, producing practical effects.
The 120-day regulatory period for analysis by Congress would only begin to run in February 2026, when legislative work resumes. In practice, the measure would survive for around 2 months, giving the executive more time to negotiate with Congress.
The interim president, however, says that the priority is to pass the current MP. For him, approval in December would be “the ideal“.
If the MP expires without approval, credit operations carried out during its validity remain valid. However, the government will not be able to grant new loans or extensions until it issues a new measure. The text would, in practice, be frozen.
For Alckmin, the arrest of former president Jair Bolsonaro (PL) and the tensions between the Congress leadership and the government base should not compromise the approval of the MP: “They are totally different things. One thing are the decisions of the Judiciary, which is another Power, and another thing are acts of the Executive (…) Differences are not problematic. What is important is to have dialogue“.
Alckmin stated that the government’s effort is to expand the list of products outside of Donald Trump’s (Republican Party) surcharges, with a special focus on manufactured goods. “Now every effort is to get more products, especially manufacturing“, these.
Last week, Trump announced the , removing the surcharge on Among the benefited items are meat, coffee, fruit, cocoa, açaí and fertilizers. The percentage of Brazilian exports affected by the 50% surcharge (plus 40%) fell from 33% to 22%.
Alckmin classified the decision as the biggest advance in negotiations between the 2 countries since the beginning of the tariff.
Meeting with state secretaries
This Monday’s meeting (Nov 24) at Palácio do Planalto served to integrate the states into federal investment attraction tools. The Single Investment Window, which should be launched in February 2026, will centralize information and reduce bureaucracy. Alckmin projects a reduction of R$50 billion in the so-called Brazil cost with the platform.
The IDB (Inter-American Development Bank) presented a credit line of R$11 billion to finance the states. Paraná and Tocantins have already signed the contracts.
Alckmin also celebrated record exports. In October, foreign sales grew 9.1% compared to the same month in 2024. From January to October, the increase was 1.9%, with a total of US$289.7 billion exported. The main destinations were China, Canada, Argentina and the European Union.
