Various-Tariffs/Brazil/Argentina

US reimposes steel, aluminum tariffs on Brazil, Argentina

  • English
  • العربية
  • Español

Shotlist


Beijing, China - Dec 3, 2019 (CGTN - No access Chinese mainland)
1. Animation showing tweet of U.S. President Donald Trump

FILE: Washington D.C., USA - Date Unknown (CCTV - No access Chinese mainland)
2. Various of White House

FILE: East Chicago, Indiana, United States - Exact Date Unknown (CGTN - No access Chinese mainland)
3. Various of steel workers welding
4. Various of steel sheets being transported
5. Steel workers operating machines

FILE: Sao Paulo, Brazil - Date Unknown (CCTV - No access Chinese mainland)
6. National flag of Brazil
7. Various of pedestrians

FILE: Buenos Aires, Argentina - Nov 28, 2018 (CCTV - No access Chinese mainland)
8. National flag of Argentina
9. Various of city views

Storyline


U.S. President Donald Trump announced Monday that the United States will restore the tariffs on steel and aluminum imported from Brazil and Argentina "effective immediately."

"Brazil and Argentina have been presiding over a massive devaluation of their currencies, which is not good for our farmers," Trump said in a tweet on Monday morning.

"Therefore, effective immediately, I will restore the Tariffs on all Steel and Aluminum that is shipped into the U.S. from those countries," he said.

The U.S. president then again lashed out at the Federal Reserve, pressing it to lower interest rates and loosen monetary policy so that many countries can "no longer take advantage of" a strong dollar.

Last March, Trump signed proclamations to impose tariffs of 25 percent on imported steel and 10 percent on aluminum, which took effect on March 23.

The White House then provided temporary exemptions for EU member states as well as Argentina, Australia, Brazil, Canada, Mexico and South Korea.

The Brazilian Steel Institute on Monday issued a statement saying the U.S. decision is confusing and is an improper revenge. The institute also pointed out that many U.S. steel companies need to import steel and aluminum product accessories, so the tariffs will eventually harm the interests of U.S. companies.

Brazilian President Jair Bolsonaro told reporters Monday that he would discuss the issue with Economy Minister Paulo Guedes and talk to the U.S. president directly if necessary. "I have an open channel with Trump," he said.

Argentina's Foreign Ministry also said it would begin negotiations with the U.S.

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  • ID : 8128886
  • Published : 2019-12-03 14:42
  • Last Modified : 2019-12-03 19:42:10
  • Location : Argentina;Brazil;United States
  • Category : economy, business and finance
  • Duration : 1'06
  • Audio Language : Nats
  • Source : China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : No access Chinese mainland
  • Version : 1
  • ID : 8128886
  • Published : 2019-12-03 19:39
  • Last Modified : 2019-12-03 19:44:25
  • Location : الأرجنتين;البرازيل;الولايات المتحدة
  • Category : economy, business and finance
  • Duration : 1'06
  • Audio Language : الصوت الطبيعي
  • Source : China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : No access Chinese mainland
  • Version : 1
  • ID : 8128886
  • Published : 2019-12-03 17:10
  • Last Modified : 2019-12-03 19:42:10
  • Location : Argentina;Brasil;Estados Unidos
  • Category : economy, business and finance
  • Duration : 1'06
  • Audio Language : Nats
  • Source : China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : No acceso a la parte continental de China
  • Version : 1

Various-Tariffs/Brazil/Argentina

US reimposes steel, aluminum tariffs on Brazil, Argentina

Dateline : Dec 3, 2019/File

Location : Argentina;Brazil;United States

Duration : 1'06

  • English
  • العربية
  • Español


Beijing, China - Dec 3, 2019 (CGTN - No access Chinese mainland)
1. Animation showing tweet of U.S. President Donald Trump

FILE: Washington D.C., USA - Date Unknown (CCTV - No access Chinese mainland)
2. Various of White House

FILE: East Chicago, Indiana, United States - Exact Date Unknown (CGTN - No access Chinese mainland)
3. Various of steel workers welding
4. Various of steel sheets being transported
5. Steel workers operating machines

FILE: Sao Paulo, Brazil - Date Unknown (CCTV - No access Chinese mainland)
6. National flag of Brazil
7. Various of pedestrians

FILE: Buenos Aires, Argentina - Nov 28, 2018 (CCTV - No access Chinese mainland)
8. National flag of Argentina
9. Various of city views


U.S. President Donald Trump announced Monday that the United States will restore the tariffs on steel and aluminum imported from Brazil and Argentina "effective immediately."

"Brazil and Argentina have been presiding over a massive devaluation of their currencies, which is not good for our farmers," Trump said in a tweet on Monday morning.

"Therefore, effective immediately, I will restore the Tariffs on all Steel and Aluminum that is shipped into the U.S. from those countries," he said.

The U.S. president then again lashed out at the Federal Reserve, pressing it to lower interest rates and loosen monetary policy so that many countries can "no longer take advantage of" a strong dollar.

Last March, Trump signed proclamations to impose tariffs of 25 percent on imported steel and 10 percent on aluminum, which took effect on March 23.

The White House then provided temporary exemptions for EU member states as well as Argentina, Australia, Brazil, Canada, Mexico and South Korea.

The Brazilian Steel Institute on Monday issued a statement saying the U.S. decision is confusing and is an improper revenge. The institute also pointed out that many U.S. steel companies need to import steel and aluminum product accessories, so the tariffs will eventually harm the interests of U.S. companies.

Brazilian President Jair Bolsonaro told reporters Monday that he would discuss the issue with Economy Minister Paulo Guedes and talk to the U.S. president directly if necessary. "I have an open channel with Trump," he said.

Argentina's Foreign Ministry also said it would begin negotiations with the U.S.

ID : 8128886

Published : 2019-12-03 14:42

Last Modified : 2019-12-03 19:42:10

Source : China Central Television (CCTV),China Global Television Network (CGTN)

Restrictions : No access Chinese mainland

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