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 . . .