On Monday, “U.S. President Donald Trump [announced] tariffs on U.S. steel and aluminum imports from [Brazil and Argentina]… In an early morning tweet, Trump said the tariffs, ‘effective immediately,’ were necessary because ‘Brazil and Argentina have been presiding over a massive devaluation of their currencies. which is not good for our farmers.’” (Reuters)
The left is critical of the tariffs and Trump’s negotiating style.
Trump has a “new rationale for his tariffs: He claims that the two South American nations are manipulating their currencies and deserve to be punished. That’s...