The 25% tariff implementation on steel and aluminum was scheduled to be applied from this Wednesday (12); The postponement proposal is at least one month
The Brazilian government, under the leadership of asked the US government, led by, that the implementation of the 25% tariff on steel and aluminum, which was scheduled to be applied from this Wednesday (12), be postponed. The purpose of this request is to ensure more time so that the parties can negotiate an agreement that minimizes negative impacts on exports.
Vice President Geraldo was responsible for formalizing the request during a meeting with US Secretary of Commerce, Howard Lutnick, and US commercial representative Jamieson Greer. The postponement proposal is at least one month, allowing Brazil to seek alternatives that avoid significant damage to their exports of steel products.
The Brazilian argues that his exports do not represent a threat to the US industries. Moreover, it argues that the imposition of the fare will result in an increase in costs for US companies, which could affect competitiveness in the domestic market.
Conversations between the two countries began last week and are not just limited to steel and aluminum. Other products, such as sugar and ethanol, are also being discussed in negotiations. Trump administration has signaled that there will be reciprocal treatment for goods facing import taxes higher than those applied in the United States.
*Report produced with the aid of AI
Published by Nátaly Tenório
