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WTO Director: Brazil Has Not Ruled out Any Response to US Tariffs

by Reuters

   SAO PAULO --

   World Trade Organization Director-General Roberto Azevedo said on
   Wednesday that Brazilian government officials tell him they have not
   ruled out any response to U.S. steel tariffs and may resort to the WTO
   to settle the dispute.

   Speaking to reporters at the World Economic Forum on Latin America,
   Azevedo said the "potential systemic risks" of reactions to the tariffs
   announced last week by U.S. President Donald Trump are "worrying" and
   increased the probability of a trade war.