Financial News

Here’s what Trump’s plan to ‘restore’ Brazil, Argentina steel and aluminum tariffs mean for the metals

Steel and aluminum prices have suffered steep declines this year, and planned tariffs on the two metals that Brazil and Argentina ship to the U.S. aren’t expected to provide a lasting lift. Still, concern over the tariffs on steel is likely to outweigh those on aluminum, as Brazil accounts for the largest share of U.S. steel imports.
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