Mexico presses US on auto, steel tariffs in meeting with Lutnick
- Commerce Secretary Howard Lutnick confirmed on Wednesday the Trump administration is crafting "targeted" and "thoughtful" tariff policies for semiconductors to incentivize domestic production in the United States.
- Trump plans to emulate his pharmaceutical policy, which offered tariff relief to companies manufacturing innovative drugs domestically, aiming to boost domestic manufacturing and increase federal revenue.
- Over 90% of global chip supply comes from Malaysia, South Korea, and Taiwan, raising concerns that new tariffs could worsen shortages or expand to include laptops and servers.
- Mexican Economy Minister Marcelo Ebrard met Lutnick on Wednesday to push for tariff relief on cars and steel, arguing the measures undermine North America's integrated supply chains.
- During the G20 Innovation Ministerial in Chapel Hill, North Carolina, the U.S. promoted the "Carolina Principles," advocating against technology-specific AI regulations and diverging from the European Union's approach.
18 Articles
18 Articles
Ebrard presses U.S. commerce secretary over tariffs at G-20 meeting
The Mexican economy minister took advantage of the encounter to stress the need to address the "unjustified" U.S. tariffs on cars, steel, and aluminum which have stalled negotiations over the renewal of the U.S.-Mexico-Canada trade agreement.
Mexico’s High-Stakes Push to Dismantle Trump Tariffs on Autos and Steel
MEXICO CITY — Marcelo Ebrard flew north this week with a clear mission. The Mexican economy minister sat down with Howard Lutnick, the U.S. commerce secretary, on the sidelines of a G20 innovation meeting in Chapel Hill, North Carolina. Their talk centered on one persistent irritant: American tariffs on Mexican cars, steel and aluminum. President Claudia Sheinbaum told reporters back home that Ebrard had gone to the United States precisely to ha…
Mexico's Minister of Economy, Marcelo Ebrard, was meeting on Wednesday with US Secretary of Commerce Howard Lutnick, in a meeting in which the Mexican government pressed for progress in relation to tariffs imposed by the White House on the steel and automotive sectors, a factor of friction in relations between the two countries. Read also: Nicaragua Congress approves reform that bans elections against Besent says that airlines, digital assets an…
Mexico presses US on auto, steel tariffs in meeting with Lutnick
The Korea Times
연합뉴스-Yonhap News AgencyLutnick: Trump gov't considering 'targeted,' thoughtful' tariff policy for semiconductors
WASHINGTON — U.S. Commerce Secretary Howard Lutnick said Wednesday that President Donald Trump's administration is working to craft a "targeted" an...
Commerce Secretary Howard Lutnick: Semiconductor tariffs are being considered
Commerce Secretary Howard Lutnick joins 'Squawk Box' to discuss the upcoming AI policy talks with tech CEOs at the G20 Innovation Ministerial in in Chapel Hill, North Carolina, AI data center buildout, U.S.-Canada trade relations, Lutnick families’ ties to critical mineral deals, state of the economy, potential semiconductor tariffs, and more.
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