Mexico urges US to cut 50% steel and aluminium tariffs
The Mexican government has submitted technical arguments to Washington to request a reduction of the 50 percent tariffs on steel and aluminium before the end of 2026. Economy Secretary Marcelo Ebrard pointed out that the current trade relationship does not justify maintaining these duties under Section 232.
By aluminio.ar · Based on reporting by Baja News
What you need to know
- Current tariffs under Section 232 reach 50 percent for steel and aluminium.
- Mexico buys more steel from the United States than it sells to it, according to data presented by the Ministry of Economy.
- Mexican products face an average effective tariff of 3 percent compared to 22 percent for Chinese products.
Read the full story on Baja News
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