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9:30AM TODAY: Join @jmarczak, @ThiagoGdeAragao, @ShunkoRojas & @revamaral for discussion on how US tariffs against metal imports from #Brazil & #Argentina may impact the US economy, consumers, Argentina's political transition, regional relations & more➡️ atlanticcouncil.org/event/tariffs-…
@jmarczak @ThiagoGdeAragao @ShunkoRojas @revamaral #Brazil is a major US trade partner in #LatinAmerica, and the steel industry is an integral component, with around a quarter of Brazilian steel exports destined for the US explains @women_trade Founder @revamaral. #ACTrade
@jmarczak @ThiagoGdeAragao @ShunkoRojas @revamaral @women_trade Indeed, Brazilian steel accounts for the largest share of steel imports to the United States, clarifies @ACLatAm's @jmarczak #ACTrade.
@jmarczak @ThiagoGdeAragao @ShunkoRojas @revamaral @women_trade What do these tariffs signal to US investors, asks @jmarczak? While yesterday's tweet caught everyone by surprise, but there's not a great impact on the mindset of US and global investors in these particular sectors, says Arko Advice Strategy Director @ThiagoGdeAragao #ACTrade
@jmarczak @ThiagoGdeAragao @ShunkoRojas @revamaral @women_trade There's been a miscalculation on part of President Bolsonaro, who's put so much political capital in his administration's relationship with the Trump administration, and he's beginning to receive some criticism, observes @ThiagoGdeAragao. #ACTrade
@jmarczak @ThiagoGdeAragao @ShunkoRojas @revamaral @women_trade There is too much emotion involved in the Bolsonaro-Trump relationship, says @revamaral. There were many times during the last few months where Pres. Trump has been very pragmatic in his intl relationships, but that's changing as he turns his focus to re-election. #ACTrade
@jmarczak @ThiagoGdeAragao @ShunkoRojas @revamaral @women_trade The clear takeaway is the message for US farmers as Pres. Trump gears up his re-election campaign, and fits within the pattern of his administration's global trade policy, especially toward China, says former #Argentina Undersec. for International Trade @ShunkoRojas. #ACTrade
@jmarczak @ThiagoGdeAragao @ShunkoRojas @revamaral @women_trade It will be difficult for the Trump administration to defend its imposition of tariffs against metals from #Brazil and #Argentina on national security grounds in the long-term, predicts @ShunkRojas. #ACTrade
@jmarczak @ThiagoGdeAragao @ShunkoRojas @revamaral @women_trade Where does #China factor in? China has recently positioned itself as a "defender" of #Brazil in the current uncertain global trade environment caused by the "commercial war" between the #US and China, explains @ThiagoGdeAragao #ACTrade
@jmarczak @ThiagoGdeAragao @ShunkoRojas @revamaral @women_trade #China will likely take political, diplomatic and commercial advantage of US tariffs against #Brazil metals, filling the export market "vacuum" for Brazilian metals products, says @ThiagoGdeAragao #ACTrade.
@jmarczak @ThiagoGdeAragao @ShunkoRojas @revamaral @women_trade One way for #Brazil to counter these new US tariffs is to devise a strategy similar to those recently taken by the #EU, says @revamaral, but no, Brazil has no mechanism like #Canada or #Mexico has via the #USMCA to counter #Section232 measures like these. #ACTrade
@jmarczak @ThiagoGdeAragao @ShunkoRojas @revamaral @women_trade There's multiple options for #Argentina, but the most feasible will likely be bilateral discussions - directly w/the Trump administration - rather than taking action through institutions such as the US International Trade Commission Court, for example, says @ShunkoRojas #ACTrade
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