Tariffs: Donald Trump's Tweet Logic And a Threat To See

It is important to understand that the resolutions of the Donald Trump government are often quite difficult to interpret and that in a good part of the cases diplomacy is exercised by impulses, and unusually at the blows of the presidential Twitter. In this context, we must analyze this statement from the White House, which is a good sign for Argentina, but really not a reversal of the United States government because tariffs had never been reapplied. There was only one threatening tweet.

The story begins when Trump imposed import tariffs on steel and aluminum from all countries in the world, arguing that they violated national security. Later, after a tough diplomatic task of all the states involved, tariffs were lifted to Argentina, Australia, Brazil, Canada, Mexico and South Korea.

Everything happened then without tariffs for this group of countries until on December 2 Trump launched a surprising tweet in which he said he would immediately refund the tariffs to Brazil and Argentina because they had been performing a "massive devaluation of their currencies" and that that It was harmful to American farmers.

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In the United States, that presidential tweet was read as a matter of internal electoral campaign. What does the import of steel and aluminum have to do with farmers in deep America? In any case, it should affect metalworkers. But Trump doesn't care about those subtleties. And at that time I should give a message to the agricultural sector that was suffering the consequences of the trade war, especially with China.

But despite the fact that in his tweet he said that tariffs would be replenished to Brazil and Argentina in an "immediate" way, the measure never materialized and never raised rates.

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A few days ago, in a phone call with President Jair Bolsonaro, Trump specifically told him that he would not apply the tariffs. That conversation left Argentina bewildered, who with Alberto Fernández's new government seeks to have a pragmatic relationship with the US, who needs support from the IMF in debt negotiation.

Argentina, meanwhile, had no news. What happened now is that Trump issued a statement on imports of "derivatives" of steel and aluminum, such as screws, nails, cables, staples, etc. In that statement, it continues to maintain Argentina and the rest of the countries that were previously exempt from that list. Without changes.

Actually, that statement speaks only of "derivative" products and not of the importation of the metals themselves. But it is a good sign that Argentina continues on that list. It means that there will probably be no news and that Trump's tweet was just a boost that is quite possible to be forgotten.

This is good news for the government of Alberto Fernández. While there was no call from Trump like the one he had with Bolsonaro, Foreign Minister Felipe Solá announced it with joy because it was something that "worried a lot" and that involved many jobs.

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