INSUBCONTINENT EXCLUSIVE:
President Donald Trump revealed plans to impose a 25% tariff on all steel and aluminum imports into the United States, starting Monday,
February 10, 2025.Speaking to reporters on Sunday, February 9, Trump stated that these tariffs would add to existing duties and target
in the week, which would take immediate effect
A similar pattern emerged in 2020 when Trump reintroduced the tariffs but excluded Brazil from additional sanctions.However, this time
around, no exemptions have been confirmed yet
(Photo Internet reproduction)Brazil stands out as one of the most affected nations
In 2024 alone, Brazil exported $6.37 billion worth of iron, steel, and aluminum products globally, with $6.10 billion attributed to iron and
importance of United States -Brazil trade in metals
In 2020, Brazil exported $3.03 billion worth of iron, steel, and aluminum to the United States , while in 2018 exports reached $4.51
However, it raises questions about potential retaliation from affected countries.As markets brace for volatility, the global metal industry
awaits further announcements from the White House
These could include exemptions or additional trade policies that may reshape international commerce.
