Brazilian Vice President and Minister of Development, Industry, Trade and Services, Geraldo Alckmin, defended on Wednesday the establishment of exemption quotas for steel and aluminum to be shipped to the United States, as it happened during US President Donald Trump's previous government (2017-2021).
The U.S. Commerce Department on Wednesday said it would impose final anti-dumping and anti-subsidy duties on Chinese common alloy aluminum sheet products of 96.3% to 176.2%. The decision marks the first time that final duties were issued in a trade remedy case initiated by the U.S. government since 1985.
President Donald Trump will delay imposing steel and aluminum tariffs on the European Union, Mexico and Canada until June 1 as he finalizes deals with them, the White House said in a statement. The administration has reached agreements-in-principle with Argentina, Australia and Brazil, according to the statement, which the White House released late Monday night.