Brazilian government regrets Tariff imposed by Trump and evaluates appeal to the WTO

by Andrea
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The Brazilian government lamented the decision taken by the government of Donald TrumpPresident of the US, which he instituted, says the Ministry of Foreign Affairs and the Ministry of Development, Industry, Commerce and Services in a joint statement.

The impact of the new measure will extend to all Brazilian goods of goods for the US and join the steel, aluminum and cars sectors. The announcement would also be a violation of US commitments to the World Trade Organization (WTO). Therefore, Brazil evaluates possibilities of action, which could include resort to the WTO itself.

“Since the US records recurring and significant commercial surpluses in goods and services with Brazil over the last 15 years, totaling US $ 410 billion, the unilateral imposition of additional 10% linear fare on Brazil with the allegation of the need to restore balance and” commercial reciprocity “does not reflect reality,” says the note.

Brazilian government regrets Tariff imposed by Trump and evaluates appeal to the WTO

The government has exalted the approval of and stated that it will seek, in consultations with the private sector, to defend interests of national producers with the US government.

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