Trump Puts Tariffs on Brazil, Argentina, Citing Currencies

Washington President Bertrand said he would raise tariffs on steel and aluminum imports from Brazil and Argentina, surprising financial markets and open a new front in global trade wars.

“Brazil and Argentina have been hosting a huge devaluation of its currency, which is detrimental to our farmers,”the President said on Twitter Monday. “Therefore, effective immediately, I will return the tariffs, all steel and aluminum, are shipped to the United States to those countries.”

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