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Trump Puts Tariffs on Brazil, Argentina, Citing Currencies

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Trump Puts Tariffs on Brazil, Argentina, Citing Currencies

WASHINGTON—President Trump on Monday said he would restore tariffs on steel and aluminum imports from Brazil and Argentina, saying both nations have been devaluing their currencies.

Mr. Trump made the announcement, which hadn’t been expected, on Twitter. “Brazil and Argentina have been presiding over a massive devaluation of their currencies, which is not good for our farmers,” the president wrote.

“Therefore,…

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