Steel production hub in Brazil react to Trumps announcement on tariffs to their production

(12 Feb 2025)
RESTRICTION SUMMARY:

ASSOCIATED PRESS
Volta Redonda, Brazil – 11 February 2025
1. Various of Companhia Siderurgica, or National Steel Company’s factory
2. Aerial of the factory surrounded by residences ++MUTE++
3. SOUNDBITE (Portuguese) Raoni Ferreira, Volta Redonda Councilman:
++ PARTIALLY OVERLAID BY SHOTS 1-4 ++
"The production chain of the National Steel Company (CSN) generates 40,000 direct and indirect jobs. If the impact in the steel production is confirmed, the impact on the generation of employment in the municipality would be enormous, and also on public policies because the municipality depends on direct and indirect revenues from the national steel company to carry out education, mobility and health projects.”
4. Various of mural depicting a steel worker in an office building near the Companhia Siderurgica Nacional or National Steel Company

ASSOCIATED PRESS
Rio de Janeiro, Brazil – 11 February 2025
5. ⁠SOUNDBITE (Portuguese) Gilberto Braga, professor at IBMEC Institute:
++ PARTIALLY OVERLAID BY SHOTS 4-6 ++
“What is known is that immediately this increases the cost of the American production, to the extent that they are not self-sufficient in the production of these products (steel and aluminum). And everything made from these raw materials will become more expensive for the American people themselves. So, it’s quite feasible to imagine that there could be room for some degree of conversation. But all this is speculation at the moment.”

ASSOCIATED PRESS
Volta Redonda, Brazil – 11 February 2025
6. Various of Companhia Siderurgica, or National Steel Company’s factory ++MUTE++
STORYLINE:
The decision by US President Donald Trump to slap a 25% tariff on steel and aluminum imports was received with surprise and preoccupation in the Brazilian city of Volta Redonda, known as the city of steel.

Local councilman Raone Ferreira said the production chain of the national steel company, which has a factory in Volta Redonda, generates about 40,000 direct and indirect jobs.

The local politician warned of potential consequences as a result of the new tariffs.

"If the impact in the steel production is confirmed, the impact on the generation of employment in the municipality would be enormous, and also on public policies," he said.

Ferreira explained that the city’s municipality depends on "direct and indirect revenues from the national steel company to carry out education, mobility and health projects.”

Brazil is a major exporter of steel and aluminum to the US, and in 2024 was the second largest supplier behind Canada, according to the US department of commerce.

For Gilberto Braga, professor at IBMEC Institute in Rio de Janeiro, a 25% tariff on steel would neither benefit Brazil nor the US, leaving room for dialogue between the two countries.

AP Video by Mario Lobao and Lucas Dumphreys

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