Talks to cut US steel and aluminium tariffs to 50%
Mexico and the United States are holding talks to renew the USMCA trade agreement and reduce the 50% tariffs on steel and aluminium under Section 232. The Mexican government has submitted evidence that it buys more steel than it exports to its trading partner and expects a response before the end of the year.
By aluminio.ar · Based on reporting by 88.9 Noticias | Noticias en Vivo | Información Que Sirve
What you need to know
- Efforts are underway to remove the 50% Section 232 tariffs imposed on steel and aluminium.
- Mexico presents evidence that it imports more steel from the United States than it exports to it.
- In January 2027, consultations with strategic sectors will begin for the review of the USMCA.
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