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Sources: Brazil to face aluminum tariff, agrees to steel quotas

May 3, 2018 at 2:14 PM
Brazil has agreed to a deal with the U.S. on finished and semi-finished steel quotas, but its aluminum exports will be hit by a Section 232 tariff of 10 percent, sources tell Inside U.S. Trade. Brazil agreed to a quota of 70 percent of its average finished steel exports to the U.S over the last three years, in addition to a 100 percent quota on semi-finished exports, sources told Inside U.S. Trade. Such restrictions would amount to a...

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