Hey there! Did you know that Brazil is one of the world’s biggest producers of steel and aluminum? 🏭 But recently, the United States decided to put extra taxes, called tariffs, on steel and aluminum imports. This means it costs more for the U.S. to buy these metals from other countries, including Brazil.
Brazil’s government and its manufacturers are not happy about this. They’re pushing back against these new tariffs! 💪 Why? Because these tariffs make it harder for Brazilian companies to sell their steel and aluminum to the U.S.
It’s not just the big companies that are affected. Small and mid-sized businesses are feeling the pressure too. Did you know that these smaller companies make up nearly half of Brazil’s industrial economy? That’s a lot! 🏗️
Imagine if your favorite local shop suddenly had to pay more money to sell their products. That wouldn’t be fair, right? That’s how these Brazilian companies feel. They want to keep doing business without extra costs.
So, what happens next? Brazil is working hard to find a solution. They’re talking to the U.S. to try and make things better for everyone. Let’s hope they can work it out! 🇧🇷🤝🇺🇸
Reference(s):
Brazilian manufacturers push back against U.S. steel, aluminum tariffs
cgtn.com
