Washington Post

Trump's latest trade battle: A currency war

In March 2018, Trump said he was putting tariffs on virtually all the cheap foreign steel and aluminum coming into the U.S. market. Foto: Yuri Gripas

WASHINGTON - Welcome to the latest front in President Donald Trump's trade battle: a currency war.

Trump says his latest tariffs - announced on his Twitter feed at 5:59am on Monday -- are on Brazil and Argentina. This isn't the first time Trump has targeted the steel and aluminum exports from these countries to U.S. markets. He's been doing that since the spring of 2018. But there are two aspects of Trump's early morning tweets that are different this time around and they are giving Wall Street, business leaders and many foreign leaders pause...

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