Brazil May See Negative Impact from U.S.-China Trade War

The low volume of manufactured goods exported by Brazil will not allow the country to take advantage of the Chinese goods surcharge by the U.S. government.

By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – On Thursday the United States began charging a 25 percent import surcharge on 279 Chinese products and now more than 1,000 Chinese products have a surcharge when entering the U.S. This increased U.S. protectionism, however, is not likely to be translated into gains for Brazilian exports, say analysts.

"It's not even a question of opening the [Brazilian] economy. Brazil does not export more because the Brazilian product is expensive,” Brazilian Exporters Association (AEB) president, Jose Augusto de Castro said, according to government news agency Agencia Brasil . . .

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