US won’t levy threatened tariffs on Brazil steel, Trump told Bolsonaro

SAO PAULO: Brazilian President Jair Bolsonaro said on Friday (Dec 20) that US President Donald Trump told him in a phone conversation that his administration will not levy new tariffs on Brazilian steel and aluminium as threatened earlier this month.

"I had a phone conversation a few moments ago with Donald Trump. … He was convinced by my arguments and decided to tell all Brazilians that our steel and aluminium will not be hit by additional tariffs," Bolsonaro said during a Facebook live video session.

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A US-based source familiar with the call confirmed Friday afternoon that Trump had told the Brazilian president the tariffs would not be Read More – Source