Trump Puts Tariffs on Brazil, Argentina, Citing Currencies

President Trump said Monday he would raise tariffs on steel and aluminum imports from Brazil and Argentina, surprising financial markets and opening a new front in the global trade war. The Trump administration also proposed tariffs of up to 100% against $2.4 billion of French imports to punish France for a new digital-services tax that…

President Trump said Monday he would raise tariffs on steel and aluminum imports from Brazil and Argentina, surprising financial markets and opening a new front in the global trade war.

The Trump administration also proposed tariffs of up to 100% against $2.4 billion of French imports to punish France for a new digital-services tax that hits U.S. technology companies. France declined to comment Monday on the proposed action but it will have several weeks to negotiate with the U.S. to avoid it.

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