The Trump Administration’s decision to impose tariffs on steel and aluminum imports from Brazil and Argentina has ramifications for U.S. agriculture. President Trump said these countries manipulated their currencies to make their farm commodities cheaper than U.S. products. The tariff announcement came a month before Brazil is scheduled to implement a quota to accept 750,000 metric tons of duty-free wheat from the U.S. There have been no threats of retaliation, but the Brazilian Foreign Ministry said it will defend itself in the world markets.
