Trade Cases
December 2, 2019
Trump Tweet Calls for Tariffs on Steel from Brazil, Argentina
Written by Tim Triplett
President Trump stunned the market with an early-morning tweet Monday calling for new Section 232 tariffs on steel imports from Brazil and Argentina, which he accused of currency manipulation. No word yet on whether the White House will make the tariffs official, or even if they would be legal. But the prospect of higher priced imports is particularly onerous to re-rolling mills in the U.S. that are dependent on foreign slabs.
The president tweeted:
