#Latest news with #steeltradeBloomberg6 days agoBusinessBloombergMexico's Sheinbaum to Defend Steel Industry If US Tariff Deal FailsPresident Claudia Sheinbaum said she will take steps to protect the local steel industry if the government is unable to reach a deal with Donald Trump's administration to exempt Mexico from heightened steel tariffs. Mexico has sought to strike a deal with the US on the basis that the worldwide 50% tariff is unfair given its regional free trade agreement and because Mexico runs a steel trade deficit with the US. Mexico is among the US's biggest steel suppliers along with Canada and Brazil.
Bloomberg6 days agoBusinessBloombergMexico's Sheinbaum to Defend Steel Industry If US Tariff Deal FailsPresident Claudia Sheinbaum said she will take steps to protect the local steel industry if the government is unable to reach a deal with Donald Trump's administration to exempt Mexico from heightened steel tariffs. Mexico has sought to strike a deal with the US on the basis that the worldwide 50% tariff is unfair given its regional free trade agreement and because Mexico runs a steel trade deficit with the US. Mexico is among the US's biggest steel suppliers along with Canada and Brazil.