Steel and aluminium tariffs enter into force for Mexico and other countries at midnight today

El Financiero

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Trump will not apply exemptions to countries from tariffs on steel and aluminium.

eldiariodechihuahua.mx

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Ciudad Juárez, Chih.- L to apply a 25 percent tariff to Mexican exports of steel and aluminum to the United States has generated divided opinions in the business sector of Ciudad Juárez. While some consider that the measure will not have a direct impact on the local industry, others warn that the uncertainty surrounding these rates is already affecting the investment and economic development of the border. On the one hand, Héctor Núñez, presiden…

Vanguardia

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40% of the production chain in Coahuila would be impacted by the tariffs on steel and aluminum that the United States applies to Mexico, so in the face of this in the state the application of incentives to support companies is valued.The secretary of Economy, Luis Olivares Martínez, recognized that these tariffs have a very important impact, where in the end they not only impact the steel sector, but also many secondary sectors, among them the a…

TV Azteca

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In recent statements, the academic Carlos Aguirre of the Ibero-American University stressed that the tax of 25% on steel and alumini or will have a domino effect in several key industries in Mexico, being one of the first to feel its consequences. The impact is not limited to these sectors, but will also affect the construction and maquila of spare parts and vehicle parts. Exports of Steel and Aluminium Mexico exported 3.2 million tons of steel …

El Heraldo de Saltillo

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The former president of the Coahuila Chapter of the Mexican Institute of Executives in Finance (IMEF), Marcelo Lara Saucedo, said that there is the possibility that through the rules of the T-MEC, the impact that will have the entry into force on March 12 of the tariffs of 25 percent on steel and aluminium will be reduced for Mexico. He mentioned that just as happened when the tariffs on products that are exported to the United States and that a…

diario.mx

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Cd. of Mexico.- Morena's coordinator in San Lázaro, Ricardo Monreal, considered that the imposition of US tariffs on aluminum and steel on Mexican products affects the sector, which is strategic for the country. Monreal pointed out that it has an immediate impact on the national economy, since both materials are used in the construction, housing and development sectors. "It is bad news the application of tariffs on aluminum and steel, because it…