Trump Imposes Steel And Aluminum Tariffs On Brazil, Argentina

President Trump announced the end of tariff exemptions for Brazil and Argentina due to their currency devaluation, which he claims harms US farmers. He urged the Federal Reserve to counteract currency manipulation. Previously exempt from metal tariffs, Brazil and Argentina now face them as trade tensions ease with China. Trump and Xi Jinping discussed reducing tariffs on $360 billion of Chinese imports to facilitate a trade deal.

Why did President Trump decide to reinstate tariffs on Brazil and Argentina?

• To increase American exports

• To improve diplomatic relations

• Because of their currency devaluation

• Due to their involvement in a trade war

What action did President Trump urge the Federal Reserve to take?

• Increase interest rates

• Implement stricter trade policies

• Lower taxes for manufacturers

• Address currency manipulation

What was the main concern President Trump expressed about currency manipulation?

• It benefits American farmers

• It makes exporting goods difficult

• It reduces import costs

• It strengthens the US dollar

What was the focus of the trade talks between the US and China?

• Reducing tariffs on American exports

• Establishing a new trade agreement with Brazil

• Rolling back tariffs on Chinese imports

• Increasing tariffs on European imports

How much worth of Chinese imports were discussed for tariff rollback?

• $360 billion

• $200 billion

• $100 billion

• $500 billion