Argentina, Brazil to hold bilateral to discuss U.S. metals tariffs at Mercosur

BUENOS AIRES, Dec 3 (Reuters) - Argentina and Brazil will hold a bilateral meeting this week to discuss U.S. plans to restore tariffs on steel and aluminum imports from the two countries, Argentine Production Minister Dante Sica said on Tuesday.

U.S. President Donald Trump ambushed Brazil and Argentina on Monday, announcing tariffs on U.S. steel and aluminum imports in a measure that shocked South American officials and left them scrambling for answers.

The two regional economic powerhouses will meet at a get-together of the Mercosur trade bloc in Brazil being held on Thursday and Friday.

"We agreed to meet at the summit of Mercosur to make a bilateral," Sica told reporters in Buenos Aires. The Mercosur bloc is composed of Argentina, Brazil, Paraguay and Uruguay.

Argentina's government says that steel and aluminum exports to the United States totaled $700 million last year and have reached $520 million so far in 2019. (Reporting by Eliana Raszewski; Writing by Adam Jourdan; editing by Jonathan Oatis)

12/03/2019 15:15

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