Trump Imposes Steel And Aluminum Tariffs On Brazil, Argentina

President Trump announced the end of tariff exemptions for Brazil and Argentina due to their currency devaluation, which he claims harms US farmers. He urged the Federal Reserve to counteract currency manipulation. Previously exempt from metal tariffs, Brazil and Argentina now face them as trade tensions ease with China. Trump and Xi Jinping discussed reducing tariffs on $360 billion of Chinese imports to facilitate a trade deal.

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