Here’s what Trump’s plan to ‘restore’ Brazil, Argentina steel and aluminum tariffs mean for the metals
December 06, 2019 at 12:09 PM EST
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.