Try again
Latin American nations are following in the footsteps of the US and Europe by imposing prohibitive tariffs on Chinese imports—a new strain in what’s been an otherwise cozy connection. Mexico, Chile and Brazil have hiked—and in some cases more than doubled—duties on steel products from China over the past several weeks, and Colombia may be next. The relationship is being tested by a global turn toward protectionism, and a flood of Chinese imports that threatens to put Latin American steel producers out of business and risk a combined 1.4 million jobs.
The big squeeze is starting to get traction, looking great for a WA1 future.
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