The US has pressed pause on raising tariffs on UK steel and aluminum, signaling exciting progress as both nations sprint toward a swift trade agreement. This move highlights growing cooperation amid ongoing negotiations, Reuters reports
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In a bold move to safeguard its domestic steel industry, Brazil has reintroduced tariffs and quotas on steel products. This strategic decision comes in response to the ever-changing global market landscape, aiming to empower local manufacturers. As trade tensions simmer and challenges persist within the sector, Brazil is taking decisive steps to ensure its steel industry remains resilient and competitive.