Steel Products
May 22, 2018
Brazil and Other 232 “Quota” Countries May be Pushing Back
Written by John Packard
This morning, World Trade Online reported Brazil as “pushing back on Section 232 quota deal with the U.S.” I did some research on my own to see if traders associated with Brazil, Argentina or other markets that may have verbal agreements with the Trump administration regarding quotas were having issues due to negotiations with the U.S. being “cut short” as the U.S. was presenting the quotas as a “take-it-or-leave it” position.
The issue, according to World Trade Online, is that the Brazilian private sector wants entirely different quotas than those provided by the U.S. government.
