U.S. steel tariffs are sparking global waves 🌊—and Brazil, one of America's top suppliers, is feeling the heat. After President Trump announced 25% tariffs on steel imports starting March 12, CGTN Stringer hit the streets of Brazil to hear how locals are reacting.
Economist Alderir Gutierres called the move a 'disruption' to the WTO-organized market. 'This will have a huge impact on Brazil,' he warned. Lawyer Vinicius da Silva didn’t mince words either: 'These tariffs could ignite a trade war 🔥—and harm our exports.'
With Brazil supplying 9% of U.S. steel imports last year, tensions are rising. Will this decision reshape global trade dynamics? Let us know your thoughts! 💬
Reference(s):
cgtn.com