2022-06-09 01:22:54
— Bolsonaro considers asking Biden to reduce tariffs on Brazilian steel designed by Trump, says media
According to Folha de São Paulo, in his meeting with Joe Biden, the president, Jair Bolsonaro (PL), may ask the US leader to remove tariffs on steel sheets produced in Brazil, a protectionist measure created by former President Donald Trump in 2018.
According to the media, one of the arguments for this is that the current measures end up benefiting Russia.
The newspaper reports that as a protectionist measure, the US created a 25% surcharge on imported steel, in a rule called Section 232.Brazil, like some other countries, obtained a steel export quota free of this charge, and the plea now is that this limit be extended, extinguished or that the country pay a lower rate, according to Brazilian diplomats involved in the preparation of the meeting heard by Folha.
One of the most exported products by Brazil are semi-finished steel plates, whose current quota is 3.5 million tons per year.
376 viewsAntonio Pires, 22:22