Mexico Says It Will Reciprocate After Trump Doubles Tariffs on Steel and Aluminum
- President Claudia Sheinbaum announced on Wednesday that the United States imposed a 50 percent tariff on steel and aluminum imports.
- The tariff increase, announced last Friday by U.S. President Donald Trump and signed Tuesday, doubled the previous 25 percent duty imposed in March.
- Sheinbaum denounced the tariff increase as unjust and not viable, highlighting that Mexico brings in a greater volume of steel and aluminum from the U.S. Than it sends out, and emphasized that the tariff lacks legal justification under the USMCA agreement.
- Mexico, the world’s second-largest supplier of these metals to the U.S., recorded export values of $34.83 billion in 2024 and, according to Economy Minister Marcelo Ebrard, plans to request relief from the imposed tariff.
- Sheinbaum stated Mexico desires a global agreement framework with the U.S. To address trade, security, and migration, warning that Mexico will announce retaliatory measures if diplomacy fails.
31 Articles
31 Articles
The decision of the Ministry of Economy to establish the requirement of Automatic Notice of Export to 30 tariff fractions would be with the objective of administering exports. Foreign trade experts agreed that this measure would at some point be an intention of the Mexican Government to send a signal to the US that they may eventually stop exports. They also questioned the criterion for distributing the 30 tariff fractions subject to that notice…
After Wednesday's meeting with steel and aluminium businessmen, President Claudia Sheinbaum Pardo asked to wait for the results of the meeting that the head of the economy, Marcelo Ebrard, will hold with different secretaries of the United States, in search of an agreement on the tariffs on these metals, before the increase of 25 to 50 percent imposed by the government of that country.
Mexico Says It Will Reciprocate After Trump Doubles Tariffs on Steel and Aluminum
President Trump’s order doubling tariffs on steel and aluminum imports from 25% to 50% took effect Wednesday. In response, Mexican President Claudia Sheinbaum accused Trump of violating the United States-Mexico-Canada Agreement and said Mexico would soon announce countermeasures. President Claudia Sheinbaum: “If there is no agreement, we will be announcing measures next week, because our responsibility is, first, to protect employment, Mexican w…
Mexico City, 4 Jun (EFE).- The president of Mexico, Claudia Sheinbaum, considered that the increase from 25% to 50% of tariffs on steel and aluminum by the United States, which came into force on Wednesday, is a measure that “does not have legal support,” as well as reiterating that it is “unfair,” so she will seek to reach an agreement with Washington. “From our perspective, it has no legal support. Because there is a trade agreement. It is bei…
Mexico will take “measures” of protection if an agreement is not reached with Donald Trump’s government to eliminate 50 percent tariffs on Mexican steel and aluminum, said President Claudia Sheinbaum on Wednesday, June 4. The president pointed out that tariffs on steel and aluminum are unfair because Mexico imports more than it exports to the United States. “(The tariffs) have no legal basis because there is a trade treaty (the TMEC). It is bein…
After Trump up to 50% tariff on steel and aluminum, President Sheinbaum claims that this measure is unfair, unsustainable and illegal.
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