US President Steel and other tariffs are added to Brazil Argentina 3 December 9:25
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President Trump of the United States has revealed a policy to apply tariffs to Brazil and Argentina to limit imports of steel and aluminum. It seems that these two countries are repelling the expansion of exports of agricultural products, etc. against the backdrop of the currency depreciation.
President Trump posted on Twitter on the 2nd "Take tariffs on all steel and aluminum from Brazil and Argentina", and measures to raise the tariffs on steel and aluminum that were launched in China and Japan last March. Clarified the policy to apply to these two countries.
On top of that, President Trump said, “Brazil and Argentina are taking no measures, even though the currency has fallen significantly. This is not good for American farmers.”
It seems that these two countries are expanding their exports of agricultural products to China and other countries against the backdrop of the currency depreciation, and that US farmers have been hit back.
On the other hand, President Trump posted on Twitter “FRB = Federate the Federal Reserve,” and asked for a further rate cut to correct the dollar's appreciation.