Mexico eyes steel tariffs on US as trade fight brews

Mexico has said it will place retaliatory steel tariffs on the United States if the US acts to reimpose Section 232 on its neighbor, according to an article in Reuters.

“Imposing tariffs on steel is not convenient for either the United States or Mexico, because if there were tariffs, they would be impacted the most, given their larger presence in the market,” Raquel Buenrostro, Mexico’s secretary of economy, was reported as saying in a press conference on Tuesday.

Ethan Bernard

Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.