Brazil’s government criticized the U.S. for raising tariffs on steel and aluminum imports, labeling the measure as unjustified and mistaken. The tariffs pose a threat to Brazilian exports, which were valued at around 3.2 billion U.S. dollars in 2024. Brazil plans to explore trade responses to mitigate the negative effects of these tariffs.
On March 13, 2025, Brazil’s government criticized the United States for implementing increased tariffs of 25 percent on steel and aluminum imports, describing the decision as both unjustified and mistaken. This action significantly threatens Brazilian exports, which reached approximately 3.2 billion U.S. dollars in 2024, as stated by Brazil’s Foreign Ministry and the Ministry of Development, Industry, and Foreign Trade in a joint declaration.
Brazilian officials highlighted the decision’s unjust nature due to the historical cooperation and economic ties between Brazil and the United States. Notably, Brazil ranks as the third-largest importer of U.S. steelmaking coal and is the foremost exporter of semifinished steel to the U.S. market. Additionally, the U.S. has consistently maintained a trade surplus with Brazil, recorded at around 7 billion dollars in goods during 2024.
In response to these developments, Brazil’s officials declared their intention to pursue various trade remedies in the upcoming weeks. The objective will be to mitigate the damaging consequences of the U.S. tariffs while safeguarding the legitimate interests of Brazil’s economy.
In summary, Brazil has decisively condemned the U.S. tariff increases on steel and aluminum imports. This action poses a potential risk to Brazilian exports and undermines the long-standing economic partnership between the two nations. Brazil’s government aims to explore trade responses to address the adverse impacts of these tariffs in defense of national interests.
Original Source: www.uniindia.com
