Brazil sets import quotas for 11 steel products, with a 25% tariff on any excess
2024-04-23 17:25:31
The Brazilian government statement said that Brazil has set import quotas for 11 steel products, and a 25% tariff will be imposed when the quota is exceeded. The measure will be implemented for 12 months. The Brazilian government expressed the hope that this move will help reduce idle capacity in the local steel manufacturing industry.
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