News
US to impose 50 percent tariff on all imports from Brazil
US President Donald Trump has notified Brazilian President Luiz Inacio Lula da Silva, starting August 1, all imports from Brazil will face an additional 50 percent tariff at US customs.
Short Range Outlook : July 2025
Uncertainty spikes further in global longs market due to 50 percent tariffs in US The business environment in the global long steel products market, particularly in terms of the demand and supply balance, has not improved meaningfully. Other than that, the situation has worsened as the Trump Administration’s increase of US import duties up to 50 [...]