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Brazil plans to announce a tax incentive plan in early September aimed at attracting foreign tech companies to build data centers in the country, two economic policy officials told Reuters.
The sources, who requested anonymity to discuss the confidential plans, said the “Redata” programme is designed to build goodwill with big tech firms and also more broadly with the United States, which imposed a 50% import tariff on Brazilian goods.
US President Donald Trump has tied the tariff to the trial of Brazilian former President Jair Bolsonaro, as well as…
