Brazil denies currency manipulation as Trump hints of fresh tariff
Bolsonaro, who has styled himself as a close ally of Trump, said he is "not disappointed" with the U.S. President yet, because the proposed tariffs have not become effective
 "Jair Bolsonaro")
Bolsonaro said he is "not disappointed" with the U.S. President yet, because the proposed tariffs have not become effective. | Photo: Wikimedia Commons
Brazil president Jair Bolsonaro said on Wednesday that the country is not artificially weakening the local currency against the U.S. dollar, in the wake of U.S. President Donald Trump's intention to impose tariffs on Brazilian and Argentine steel.
Bolsonaro, who has styled himself as a close ally of Trump, said he is "not disappointed" with the U.S. President yet, because the proposed tariffs have not become effective.
More From This Section
Topics : Brazil Jair Bolsonaro Brazil economy
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Dec 04 2019 | 7:24 PM IST