Temer: US suspended aluminum, steel tariffs for Brazil

In an announcement made Wednesday (Mar. 21), Brazilian President Michel Temer said the US will start negotiations with Brazil over the new import tariffs on steel and aluminum. While talking about the measure, unveiled in a note by the US government, Temer said the new tariff will not be introduced before negotiations are brought to an end.

“I’m looking at a declaration by the White House saying that Brazil is one of the countries with which negotiations are to begin with a view to waiving import tariffs on steel and aluminum. The new tariffs, the message from the White House says, will not apply until conversations are held on the topic. Good news,” the president said, during a meeting with the Economic and Social Development Council (CDES).

Yesterday, (Mar. 20), Temer talked to a representative from Brazil’s steel-producing industry. In the conversation, the president availed himself of arguments to convince US President Donald Trump to exempt Brazil from the new tariff.

The curbs were expected to be imposed on Friday (23), two weeks after Trump’s signature.

Translated by Fabrício Ferreira