Brazil Seeks Dialogue with US Over New Tariffs

Brazil's Vice President Geraldo Alckmin emphasizes caution and openness to dialogue with the US following President Trump's decision to impose tariffs on steel and aluminum imports. Brazil, a major source of US steel imports, is exploring alternatives like quotas to mitigate impact while highlighting the US trade surplus with Brazil.

Brazil's Vice President Geraldo Alckmin urged for 'caution' and expressed Brazil's intention to engage in dialogue with the United States following President Donald Trump's announcement of a 25% tariff on steel and aluminum imports.

Alckmin, while speaking in Brasilia, conveyed Brazil's readiness to discuss potential solutions, such as quotas, with the Trump administration. Highlighting Brazil's significant role as a US steel supplier, he pointed out the existing US trade surplus with Brazil.

While Alckmin acknowledged the 2018 tariff history and the subsequent exemptions, he and Aco Brasil's Marco Polo de Mello Lopes emphasized the importance of maintaining the current quota system, noting its advantages for both countries.