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Brazil raises steel wall: heavy tariffs against China and cracks in the BRICS - Economic Scenarios
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Brazil raises steel wall: heavy tariffs against China and cracks in the BRICS - Economic Scenarios
Once upon a time, there was the united front of the BRICS, the bloc that was supposed to undermine Western hegemony through global cooperation and new currencies. Then came the harsh reality of industrial balance sheets, and even Brazil discovered that "industrial sovereignty" was an unavoidable necessity. The Brazilian government, through its Foreign Trade Authority ( CAMEX ), has decided to take strong action, imposing anti-dumping duties on a…
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