The U.S. government’s decision to impose a 25% tariff on steel and aluminum imports has sparked concern among Brazilian industries. Signed by U.S. President Donald Trump on February 10 and set to take effect on March 12, the tariffs target steel and aluminum imports from all countries.
The United States is the world’s largest importer of steel, with Canada, Brazil, and Mexico being its top three suppliers, according to the U.S. Commerce Department.
Economist Alderir Gutierres expressed worry over the potential consequences for Brazil. “A 25 percent tariff would disrupt a market that has been organized by the World Trade Organization for many years and have a huge impact on Brazil,” he said.
Lawyer Vinicius da Silva echoed these concerns. “I think these tariffs are very bad because it will harm Brazilian exports to the United States. It will create a type of trade war,” he noted.
The Brazilian government and industry leaders are closely monitoring the situation, assessing the potential economic repercussions and exploring possible responses to protect their interests.
