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Donald Trump and Twitter

Ceci Freed / Media Matters | Gage Skidmore via Creative Commons

Mainstream media organizations repeat Trump’s lie justifying new tariffs

Other reports debunk Trump’s claim that governments of Argentina and Brazil devalued their currencies

Written by Zachary Pleat

Published 12/02/19 12:36 PM EST

President Donald Trump on Monday announced on Twitter new tariffs targeting steel and aluminum shipments from Argentina and Brazil, claiming the countries “have been presiding over a massive devaluation of their currencies.” Twitter accounts of NBC News, CBS News, PBS, and CNN uncritically repeated Trump’s claim, even though other reporting contradicts it.

Trump’s announcement has not yet turned into formal policy and reportedly surprised Brazil’s president. Just as Trump’s invocation of national security to justify earlier tariffs was bogus, his latest claim also appears contrary to the facts. According to Axios’ coverage of the announcement, both countries’ currencies “are freely traded and have been for years” and “have weakened because of political upheavals and dwindling growth forecasts in the two countries — not government intervention.” The Washington Post’s article on Trump’s announcement pointed to the latest biannual Treasury Department report on currency manipulation that “did not allege Brazil or Argentina had done anything improper in handling their currencies.”

Yet tweets from four broadcast and cable news networks passed on Trump’s lie justifying his action, continuing a pattern of major news outlets repeating Trump’s misinformation to their audiences:

The Latest

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  3. Trump celebrates CBS News’ new leadership as “the greatest thing that’s happened in a long time to a free and open and good press”

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  4. Ben Shapiro says Kevin Roberts' statement on Tucker Carlson is a “betrayal of the Heritage Foundation's history and principles”

    Video & Audio 11/03/25 12:32 PM EST

  5. Ben Shapiro: Tucker Carlson “let Nick Fuentes cuck him”

    Video & Audio 11/03/25 12:03 PM EST

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In This Article

  • Donald Trump

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  • Tariffs / Trade

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