financetom
Business
financetom
/
Business
/
Brazil government renews tariffs, quotas on steel products
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved