Brazil and Mexico, two top shippers of steel to the U.S., will wait to see if U.S. President Donald Trump announces tariffs on steel and aluminum imports before reacting, officials from both nations said on Monday.

Foreign Minister says Brazil would not engage in trade war after US strikes blow to Brazilian exports - Anadolu Ajansı

The president imposed a 25 percent tariff on global metals, repeating a move from his first term. Economists and foreign governments know what will come next.