New U.S. tariffs on steel and aluminum imports are sending shockwaves through global markets, with Brazil and Vietnam bracing for major impacts. President Trump's 25% tax on these goods, effective March 12, has sparked fears of economic instability and strained trade relationships. 🛑⚙️
Vietnamese steel and aluminum workers told CGTN Stringer that accessing the U.S. market now feels 'like running into a brick wall.' One worker shared, 'Our products were competitive, but this tariff changes everything.' 🇻🇳
In Brazil, entrepreneur Alderir Gutierres criticized the move as a 'direct hit' to decades of WTO-organized trade norms. 'This disrupts supply chains and puts thousands of jobs at risk,' he warned, highlighting Brazil’s reliance on metal exports to the U.S. 🇧🇷
With global trade tensions rising, these tariffs are reshaping dynamics in key industries. Could this spark a domino effect? Experts say collaboration—not protectionism—will keep the world’s economic gears turning smoothly. 🌐🤝
