US backpedals on Section 232 tariffs on Brazilian steel, aluminium - Bolsonaro

United States President Donald Trump has decided not to go ahead with tariffs on steel products from Brazil under Section 232, Brazilian President Jair Bolsonaro said on Friday December 20 following a call to his US counterpart.

“I spoke today with President Donald Trump and, after some exchanges, he decided not to go ahead with his intention of [imposing] tariffs on our steel and aluminium,” Bolsonaro wrote on his social media Facebook page on Friday night. “Our trade and friendship relations are stronger every day.”

Trump had written on Twitter December 2 that the tariff exemption for Brazil and Argentina would be over “immediately” amid rapid currency...

Published

Renato Rostás

December 23, 2019

15:50 GMT

São Paulo