The Brazilian government has introduced a 25% surcharge on steel imports that surpass established quotas.
This measure aims to protect its domestic steel industry from intense foreign competition, notably from China.
This policy stands as relatively moderate compared to more extensive trade protection tactics utilized by Europe and the United States.
In Europe, the European Union implements rigorous anti-dumping and countervailing duties to shield its steel sector from underpriced Asian imports.
Additionally, the EU employs quota systems akin to Brazil's, designed to curb potentially harmful. . .