The US will imposed tariffs on steel and aluminum imports from Brazil and Argentina, President Donald Trump said in a tweet Monday.
"Brazil and Argentina have been presiding over a massive devaluation of their currencies," he posted, adding this was hurting American farmers.
"Effective immediately, I will restore the Tariffs on all Steel & Aluminum that is shipped into the U.S. from those countries." Trump also called on the Federal Reserve to "likewise act" so other nations no longer "take advantage of our strong dollar by further devaluing their currencies."
Disclaimer: No Business Standard Journalist was involved in creation of this content
