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Non-Tech : The Brazil Board

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To: elmatador who wrote (2409)	8/16/2023 8:32:50 AM
From: Elroy Jetson	Read Replies (1) of 2504

An entire article about Lourenco Goncalves and not one mention his very Brazilian secret ingredient to Cleveland-Cliffs' success, iron ore and steel import tariffs which range from 25% up to 296.04% combined with government subsidies. - news5cleveland.com Prior to the new import tariffs Cleveland-Cliffs could not profitably mine taconite ore nor profitably make steel. “We have a real opportunity to address this 30-plus year-old failure called globalization,” Lourenco Goncalves, CEO of Cleveland Cliffs, told the House Steel Caucus. Cleveland-Cliffs cannot continue to operate without Section 232 and Section 301 import tariffs. Lourenco Goncalves mining Congress for even higher import tariffs Lourenco Goncalveson on a business television channel banging the drum for more government subsidies

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