Brazil wants compensation, may retaliate against EU steel duties
BRASILIA, Feb 18 (Reuters) - Brazil has asked the European
Union for compensation after it imposed import tariffs on steel
from major producing countries earlier this month, the Brazilian
government said in a statement on Monday.
The government has also notified the World Trade
Organization (WTO) that it may adopt its own countermeasures to
"rebalance" trade following the EU's actions, according to a
joint statement from the foreign, economy and agriculture
On Feb. 1, the EU announced limits on steel imports in
response to U.S. President Donald Trump's metals tariffs. The
tariffs establish limits and quotas for major exporting
countries including China, India, Russia and many
"The Brazilian government remains open to dialogue with the
European Union in order to seek the best way to address these
issues," the statement said.
"It also reiterates its willingness to continue defending
the interests of Brazilian producers and exporters with every
(Reporting by Anthony Boadle and Jake Spring; Editing by Tom
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