Río de Janeiro.- Latin American steel-warts raised the United States government to establish a strategic alliance so that the continent can defend against China’s unfair trade practices, which they accuse of having flooded from steel to the whole world .
The proposal appears in a statement published this Friday, in which the Latin American Steel Association (winging) expresses its surprise by the decision of President Donald Trump to impose 25% tariffs on steel imports indiscriminately, regardless of its origin .
The decision especially affects Latin America since Brazil and Mexico stand out, together with Canada, as the largest steel exporters to the United States.
According to Acerero, which represents 60 Latin American companies responsible for the production of 60 million tons of gross steel per year and 1.3 million jobs, Trump’s decision is due to a problem caused by China and that the steel stews of the region are also victims.
“We hope that the rational and logical analysis prevails and that the strategic alliance that the United States formed in the past with Latin American countries can be effectively constructed,” says regional steel.
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The association said it will be willing to dialogue with the governments and communities of America to achieve a better future for the region’s industry and to defend local employment and development.
According to Acerero, as well as the United States, Latin America also has been ravaged by the expressive increase in steel imports from countries with unfair trade practices, such as China, so it also needs the adoption of commercial defense measures, such as the imposition of quotas.
Trump’s tariffs, says the organization, are based on “an underlying problem that the Latin American steel industry has been alerting for more than 15 years: China’s unfair trade, a country that adopted the state policy of monopolizing world production through companies state and subsidies ”.
Acerero ensures that the international situation offers a historical opportunity for the countries of America to establish a regional supply chain, in which Latin America companies can play a leadership role for their ability to produce with one of the lower carbon footprints In the world.
“Regionalization seems to be the best defense action against unfair trade in China and Southeast Asian countries, through the coordinated adoption of tariff measures that allow to face the real threats existing,” according to the entity.
With EFE information
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