Trump’s Tariff Mettle To Be Tested By Brazil, Argentina Steel Action — Panjiva


Trump’s Tariff Mettle To Be Tested By Brazil, Argentina Steel Action

Argentina 46 Brazil 302 Materials - Metals/Mining 565 Metals - Aluminum 179 Metals - Steel 407 Tariffs 1483 U.S. 3910

President Trump has announced plans to apply tariffs of 25% to steel exports and 10% to aluminum exports from Brazil and Argentina. The President is using the section 232 “national security” process in response to “a massive devaluation of their currencies” and its impact on U.S. farmers. The move is unlikely to be sustainable from a legal perspective. The U.S. Court of International Trade already ruled, in relation to similar tariffs on Turkish exports, that it’s too late to change the tariffs which were applied to other countries in Mar. 2018. The focus on farmers and currencies may al...

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