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Trump levies steel on Argentina and Brazil

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He wrote on Twitter that “Brazil and Argentina have made a significant reduction in their currencies,” noting that this harms American farmers, and he continued, “Immediately and effectively, I will return the fees on (imports).” Steel And aluminum for the United States from these two countries. “

Trump called on the US Federal Reserve to “act in the same manner” so that “other countries do not use our strong dollar to make further devaluations of their currencies.”

And last year, it was announced Trump Imposing 25 percent customs duties on steel and 10 percent on imports Aluminum From all countries of the world, but in March he agreed to remove Brazil and Argentina from the list in addition to countries that were previously listed.

Trump said in a later tweet that US markets “rose to as much as 21 percent” after his decision.

Despite this, the US steel sector is still suffering from a decrease in total employment, and production in smelting furnaces stopped last month.

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He wrote on Twitter that “Brazil and Argentina have made a significant reduction in their currencies,” noting that this harms American farmers, and he continued, “Immediately and effectively, I will return the fees on (imports).” Steel And aluminum for the United States from these two countries. “

Trump called on the US Federal Reserve to “act in the same manner” so that “other countries do not use our strong dollar to make further devaluations of their currencies.”

And last year, it was announced Trump Imposing 25 percent customs duties on steel and 10 percent on imports Aluminum From all countries of the world, but in March he agreed to remove Brazil and Argentina from the list in addition to countries that were previously listed.

Trump said in a later tweet that US markets “rose to as much as 21 percent” after his decision.

Despite this, the US steel sector is still suffering from a decrease in total employment, and production in smelting furnaces stopped last month.

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