CNI: In addition to the US, tariffs about China can also reach Brazil

According to sources heard by the newspaper Folha de S.Paulo, the Lula government studies taxing US digital platforms as a measure of retaliation. If this happens, digital services of Amazon, Facebook, Instagram, Google and Spotify – a Swedish company – would be affected.
Last week, the United States had already taxed Chinese imports by 10%. As retaliation, China applied rates to liquefied gas and coal at 15%, while oil, agricultural machinery and high power vehicles, 10%taxes.
To the Facto News channelTelles explained that the Brazilian sector is also concerned about the “tariff” imposed by the US against China and cited the practice of dumping.
As the taxation on Chinese product increases, this production may occur a deviation of trade, and it seeks new markets around the world to spawn this production. And this can happen in both cases: steel and aluminum.
And our imports from China, which has grown a lot in recent years – in the case of steel, for example, have grown more than three times in the last 5, 6 years … There is also a concern with these products that are destined The United States. If they cease to enter the United States, they are moved to other markets and they can come to Brazil, including some disloyal, dumping practices, for example, and harm our industry, not only in exportation, but also here of our own market.
Mário Sérgio Telles, director of CNI
The practice of dumping, cited by the CNI representative, consists of exporting products at lower prices to a particular country compared to those practiced in the local market. This practice, if adopted by China, can damage products from Brazil.