Brazil’s government has condemned the U.S. increase in steel and aluminum tariffs to 25 percent, calling it unjustified and mistaken. The tariffs threaten Brazil’s $3.2 billion export industry. Officials highlighted the historical economic ties between the nations and announced plans to explore trade responses to protect national interests.
On March 13, 2025, the government of Brazil expressed strong disapproval of the recent decision by the United States to impose a 25 percent tariff on steel and aluminum imports. Officials deemed this action “unjustified and mistaken,” emphasizing the potential negative impact on Brazilian exports, which amounted to approximately $3.2 billion in 2024.
Brazilian officials highlighted the long-standing cooperation and economic integration between Brazil and the United States, noting that the former is the U.S.’s third-largest importer of steelmaking coal and the primary exporter of semifinished steel. They pointed out that the United States enjoys a trade surplus with Brazil, estimated at $7 billion in goods for the year 2024.
In response to these tariffs, Brazilian authorities are committed to exploring various trade responses to mitigate the adverse effects on their economy. Their primary objective is to protect legitimate national interests against the consequences of the U.S. measures, indicating a proactive approach to international trade relations.
Brazil vocally criticized the recent tariff hikes by the United States on steel and aluminum, acknowledging the detrimental effects on its exports. The Brazilian government plans to seek various trade responses to safeguard its economic interests, further emphasizing the historical ties of cooperation with the U.S. The response demonstrates Brazil’s commitment to addressing trade challenges in an increasingly complex global market.
Original Source: www.uniindia.com
