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Citing currency concerns, Trump says he'll hit Brazil and Argentina with steel and aluminum tariffs

December 2, 2019 at 10:24 AM
President Trump on Monday said he would impose national security-based tariffs on imports of steel and aluminum from Brazil and Argentina, which he said had endorsed “massive” currency devaluations that have hurt U.S. companies. Following Section 232 investigations, Trump in March 2018 announced duties of 25 percent and 10 percent on imports of steel and aluminum, respectively. Months later, Brazil, Argentina and South Korea agreed to quota deals capping the countries’ steel levels after securing temporary exemptions. Those countries still...


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