Trump Announces Steel Tariffs on Brazil and Argentina

“President Trump announced tariffs, effective immediately, on all steel and aluminum shipped into the United States from Brazil and Argentina,” the Washington Post reports.

“The surprise announcement came after it appeared that the White House was preparing to dial back its adversarial trade approach in the months leading up to next year’s elections. The administration appeared close to a deal with House Democrats to revamp the North American Free Trade Agreement, and tensions with China had eased in recent weeks.”