Brazil loses with Trump trade war

Brazil loses with Trump trade war

rising international tension may reduce commodity prices, reaching economies dependent on commodities such as Brazil

US-China trade war affects BrazilPeter Power / Reuters - 07.03.2018The trade war waged between the United States and China will have more negative than positive effects for Brazil, according to analysts heard by the state.In addition to the fact that the country is directly affected by the steel restriction, the increase in international tension may reduce commodity prices, completely affecting economies dependent on these products, such as Brazil.The first impact of the barriers raised by the Trump government in Brazil was the restrictions on imports of steel and aluminum.This decision was made on the grounds of national defense, and countries exporting to the United States had to submit to quotas or taxation.The United States is the main destination for Brazilian steel exports.Last year the country bought a third of overseas sales - nearly five times more than its second largest partner, Germany.Most shipments are semi-finished for the manufacture of laminates."The restr...


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