Gerdau CEO Questions WTO, Urges Brazil Trade Defense Against China

Gerdau CEO Gustavo Werneck publicly questioned the WTO's effectiveness and called for stronger commercial defense measures against Chinese imports, joining ArcelorMittal and Ternium leaders in a panel. This signals growing protectionist sentiment among major steel producers in Latin America, potentially leading to new trade barriers. The shift matters as it could escalate trade tensions and impact global steel flows.

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