Brazil has initiated several anti-dumping investigations targeting Chinese imports as the country grapples with a surge in cheap goods flooding its market. The Ministry of Industry, acting on requests from local industry groups, is scrutinizing a wide range of products, including metal sheets, pre-painted steel, chemicals, and tyres. These probes were launched in response to concerns that China’s aggressive export practices are harming Brazil’s domestic industries.
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The investigations come at a time when China is ramping up exports in advanced manufacturing sectors such as solar energy, electric vehicles, and batteries. This has led to a noticeable increase in steel exports not only to Brazil but also to other Southeast Asian countries, including Vietnam, Thailand, Malaysia, and Indonesia.
The recent spike in China’s exports, which grew by 7.1% in the first two months of the year, has raised concerns about potential trade tensions. China’s trade with Brazil has also seen a defining increase, with both exports to and imports from Brazil rising by more than a third during the same period.
Need for temporary import tariffs
André Passos Cordeiro, president of the Brazilian chemical industry association, highlighted the critical situation facing the national chemical industry last year. He emphasized the need for temporary import tariffs to combat predatory operations and protect the domestic market.
President Luiz Inácio Lula da Silva, while seeking to maintain good relations with Beijing, is focused on bolstering Brazil’s national industries. Brazil aims to avoid direct confrontation with China, its largest trading partner and a key buyer of Brazilian commodities such as soybeans and iron ore.
The influx of Chinese steel has become particularly contentious for Brazil, one of the world’s largest exporters of iron ore. The ministry has also launched investigations into the import of chemicals and tyres, with significant increases reported in these sectors as well.
These actions reflect Brazil’s and other nations’ efforts to counter the challenge posed by cheap Chinese imports and protect their local industries.
