Brazil Launches Probes into Surge of Cheap Chinese Exports Amid Trade Tensions

Brazil has launched 6 investigations into allegations of dumping from China, its largest trade partner, including on steel imports worth $2.7 billion in 2022.

China's economic uncertainties have led to overproduction and more attractive overseas markets, with exports jumping this year.

Brazil's chemical and steel industries have called for import tariffs on Chinese goods due to "predatory operations".

Chinese manufacturers can price below market rates due to generous government subsidies, estimated at double US levels in 2019.

The text discusses how the EU and US are also responding to surges of cheap Chinese imports, citing state subsidies enabling non-competitive pricing.