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Brazil government renews tariffs, quotas on steel products
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Brazil government renews tariffs, quotas on steel products
May 27, 2025 3:56 PM

SAO PAULO, May 27 (Reuters) - Brazil's government on

Tuesday decided to renew 25% tariffs initially imposed last year

on 19 steel products, while also expanding the trade defense

measure to other four, Brazil's Ministry of Development,

Industry, Trade and Services said in a statement.

The decision, which was made by a government trade body and

will be valid for a further 12 months, also maintained a quota

system on the volume of steel imports, according to the

statement.

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