Brazil’s government condemned the U.S. decision to raise tariffs on steel and aluminum imports, labeling it unjustified. They highlighted the economic ties between both nations, noting a significant trade surplus for the U.S. Brazil intends to explore trade responses to mitigate the tariff’s adverse effects.
On March 13, 2025, Brazil’s government vocally criticized the United States’ recent decision to impose a 25 percent tariff on steel and aluminum imports, deeming it “unjustified and mistaken.” This move, they argue, would substantially detriment Brazilian exports, which amounted to approximately $3.2 billion in 2024.
Brazil’s Foreign Ministry, along with the Ministry of Development, Industry, and Foreign Trade, highlighted the significance of historic cooperation and economic integration between the two nations. They pointed out Brazil’s position as the third-largest importer of U.S. steelmaking coal and its status as the largest exporter of semifinished steel to the United States.
The trade dynamics further show a substantial trade surplus for the United States, estimated at roughly $7 billion in goods in 2024 alone. In light of the new tariffs, Brazilian officials expressed their intent to explore all possible trade responses aimed at mitigating the adverse effects of these measures and safeguarding Brazil’s legitimate national interests.
In summary, Brazil’s state officials have strongly denounced the U.S. tariff hike on steel and aluminum as both unjustified and detrimental to their economy. The long-standing trade relationship and substantial trade surplus from the U.S. further underscore the perceived misstep. Brazil plans to actively seek ways to counteract the negative impacts of these tariffs while protecting its national interests.
Original Source: www.uniindia.com
