13 hours ago
US, Mexico Eye Import Quota in Trade Talks on Steel Deal
Trade negotiations between the US and Mexico are homing in on a possible quota system to reduce tariffs on a certain volume of steel imports, a move seen as assuaging concerns of American manufacturers of the metal.
The developing framework, described by people familiar with the talks, would alleviate crushing duties for some of the Mexican steel imports that US automakers and other industries have described as essential.
