Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 15/12/2019 08:44 
02.12.2019 14:42 News >> US Restores Tariffs On Argentina, Brazil Metal Imports

US Restores Tariffs On Argentina, Brazil Metal Imports

Massive devaluation of peso and real in Latin America is not good for American farmers, says Donald Trump.

U.S. President Donald Trump announced Monday that he will restore tariffs on steel and aluminum imports from Brazil and Argentina.
"Brazil and Argentina have been presiding over a massive devaluation of their currencies, which is not good for our farmers," Trump said on Twitter.
"Therefore, effective immediately, I will restore the tariffs on all Steel & Aluminum that is shipped into the U.S. from those countries."
Trump also called on the Federal Reserve to take action to prevent countries which "take advantage of the strong dollar by further devaluing their currencies".
He said that the situation makes it "very hard" for American manufacturers and farmers to fairly export their goods.
Saying that his tariff policy is working, Trump added: "U.S. Markets are up as much as 21% since the announcement of Tariffs on 3/1/2018 - and the U.S. is taking in massive amounts of money (and giving some to our farmers, who have been targeted by China)!"
Trump imposed a 25% tariff on steel imports and a 10% tariff on aluminum on March 23, 2018 but granted temporary exemptions to Canada, Mexico, Brazil, the EU, Australia and Argentina. -



        Latest News
Malaysia: Nearly 4,000 Residents Evacuated After Floods -10 minutes ago...
Residents in Johor state placed in safe areas.
Tension Escalates Among Protesters, Police In Lebanon -10 minutes ago...
Protesters, police injured amid protests in capital.
9 Houthis Killed In Attack Against Yemeni Govt Forces -10 minutes ago...
17 rebels injured in attack on Ad Durayhimi district south of Al Hudayda.
Climate Protesters Occupy Airport In Netherlands 5 minutes ago...
26 Greenpeace, Extinction Rebellion groups arrested.
Bayern Munich Gets Back In Win Column In Bundesliga 35 minutes ago...
Bavarians hammers Bremen 6 1 at home after two consecutive defeats; Borussia Dortmund beat Mainz 4 0 away.

 
      Top News
Nigeria: UN Condemns Aid Workers Killing Boko Haram Nigeria: UN Condemns Aid Workers Killing Boko Haram
4 Gambians Set For Free Medical Treatment In Turkey 4 Gambians Set For Free Medical Treatment In Turkey
Turkey Deports 4 Terrorists To UK Turkey Deports 4 Terrorists To UK
Serbia, Bosnia Sign Pact On Belgrade-Sarajevo Highway Serbia, Bosnia Sign Pact On Belgrade-Sarajevo Highway
Turkish Aid Body Promotes Sport Among Girls In Pakistan Turkish Aid Body Promotes Sport Among Girls In Pakistan
Turkey Summons Envoy Over US Move On Armenian Claims Turkey Summons Envoy Over US Move On Armenian Claims
Ethiopia: Contemporary Painting, Sculpture In Dire Straits Ethiopia: Contemporary Painting, Sculpture In Dire Straits
US Position On Armenian Claims Not Changed: US Official US Position On Armenian Claims Not Changed: US Official
Turkey's Borsa Istanbul Up 0.81% At Friday Opening Turkey's Borsa Istanbul Up 0.81% At Friday Opening
Turkey's Industrial Production Up 3.8% In Oct Turkey's Industrial Production Up 3.8% In Oct