US not to pursue tariffs on Brazilian steel

Brazilian leader Jair Bolsonaro announced on social media following a conversation he had with Donald Trump that the US President has decided not to pursue tariffs on Brazilian steel. The US was threatening to reimpose the 25 percent safeguard duty on imports of Brazilian steel and the 10 percent tax on imports of ex-Brazil aluminium. No official document has yet been released by the US on the issue.  Read More