Comment on President Trump’s Tariffs Shake the World Economy—Once Again

President Trump’s Tariffs Shake the World Economy—Once Again

The Trump administration went on offense again this month on a number of international trade disputes. On Dec. 2, the U.S. President tweeted his intention to impose new tariffs on steel and aluminum imports from Argentina and Brazil to retaliate against a “massive devaluation of their currencies, which is not good for our farmers.” The tariffs will hit both countries where it hurts since Brazil is one of the largest steel suppliers to the U.S.

 

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