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Dry Bulk Political and Trade International

US tariffs on Brazilian steel — negative, muted or positive for dry bulk market?

While sending negative signals on trade, will US tariffs on steel from Brazil and Argentina have a muted effect on dry bulk shipping because the volumes affected are small in the grand scheme of things, or will it prove to be positive? The answer lies in whether Brazil can find alternative buyers

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Brazil exported about 4m tonnes of steel products to the US this year, its biggest market, according to shipping association BIMCO

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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