Trump imposes tariffs on Brazil and Argentina, ALG reacts

Dec. 3, 2019, Fairfax, Va.—Americans for Limited Government President Rick Manning today issued the following statement in response to President Donald Trump’s decision to impose tariffs on steel and aluminum from Brazil and Argentina:

“It is unfortunate that Argentina and Brazil have engaged in currency manipulation to such an extreme extent that the Trump administration was compelled to impose additional steel and aluminum tariffs on those two countries. But President Trump has to put America first when considering U.S. trade relationships abroad and currency devaluations on this scale cannot be tolerated.  The real story in Brazil is about soy beans, where the Chinese have purchased the growing, transporation and shipping supply lines in an attempt to fully exploit Brazil’s agriculture resources. It is our hope that President Trump and Brazilian President Bolsonaro can create a mutually beneficial trade agreement.”

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