Industry

US protectionist measures impact Brazilian exports by $1.6 bn per year

The trade protectionist measures taken by the U.S. government have an impact of $1.6 bn on Brazilian exports per year, according to CNI. The imposition of quotas for purchases of Brazilian steel and the taxation of 10% of the country’s aluminium purchases had an impact of $1 bn per year, in the case of steel, and $200 mm for aluminium sales.

Source: Carta Capital

Categories: Industry