mexico steel tariffs

Mexico hits back at U.S. tariffs with measures on farm, steel products

Mexico responded to U.S. steel and aluminum tariffs by imposing wide-ranging “equivalent” measures on farm and industrial products, the economy ministry said on Thursday, ratcheting up tensions during talks to renegotiate NAFTA.

The United States on Thursday morning said it was moving ahead with tariffs on aluminum and steel imports from Canada, Mexico and the European Union, ending a two-month exception and threatening to ignite a trade war.

The Mexican measures, which target pork legs, apples, grapes and cheeses as well as steel, could hit farm states that are a bastion of support for U.S. President Donald Trump, ahead of American midterm elections in November.

The Mexican measures will be in place until the U.S. government eliminates its tariffs, the ministry said.

“Mexico profoundly regrets and condemns the decision by the United States to impose these tariffs on imports of steel and aluminum from Mexico,” the ministry said.

“Mexico reiterates its openness to constructive dialogue with the United States, its support for the international commerce system and its rejection of unilateral protectionist measures,” it said.

Mexico buys more steel and aluminum from the United States than it sells. It is the top buyer of U.S. aluminum and the second buyer of U.S. steel, the economy ministry said.

The countermeasures will hit U.S. hot and cold rolled steel, plated steel and tubes, the ministry said.

The United States, Canada and Mexico have been renegotiating the North American Free Trade Agreement, which governs trade between the three countries.

Reporting by Mexico City Newsroom; editing by Frank Jack Daniel and Jonathan Oatis



Trending News on PVDN

  • Puerto Vallarta News Brief with Felipe Alvarez for May 26, 2023Puerto Vallarta News Brief with Felipe Alvarez for May 26, 2023 Puerto Vallarta (PVDN) - The Puerto Vallarta News Brief covers the top trending stories of the week on Vallarta Daily News and is hosted by Felipe Alvarez.
  • Recent Protests Disrupt 40% of Puerto Vallarta’s EconomyRecent Protests Disrupt 40% of Puerto Vallarta’s Economy Puerto Vallarta (PVDN) - Tourism, a critical sector of Puerto Vallarta's economy, has been severely affected by protests, suffering both reputational damage and direct harm to visitors. Alejandro Torres Magaña, General Manager of the Puerto Vallarta Hotel and Motel Association, cited missed flights and hotel delays as significant issues.
  • Two More Puerto Vallarta Beaches Are Awarded Blue FlagsTwo More Puerto Vallarta Beaches Are Awarded Blue Flags Puerto Vallarta (PVDN) - In the upcoming 2023-2024 season, Puerto Vallarta is set to host six beaches awarded with the Blue Flag accreditation, an esteemed international recognition for high environmental and quality standards. The Blue Flag committee has reconfirmed the status for four previously certified beaches while conferring this prestigious title to two new beaches…
  • American Tourist In Critical Condition in Puerto Vallarta After Wave Breaks His NeckAmerican Tourist In Critical Condition in Puerto Vallarta After Wave Breaks His Neck Puerto Vallarta (PVDN) - "Experiencing your sibling in critical care, confessing your love to him, anticipating the worst... it's a nightmare no one should have to endure," shared Adam Griffis. Adam's younger brother, Evan, is struggling for survival in a medical facility located in Puerto Vallarta. The 30-year-old experienced a freak accident while swimming last…
  • Where are the Risk Areas in the Event of an Eruption from the Popocatépetl VolcanoWhere are the Risk Areas in the Event of an Eruption from the Popocatépetl Volcano Puerto Vallarta (PVDN) - In recent days, an eruption from the Popocatépetl volcano spewed incandescent materials, resulting in ashfall across various regions of Mexico City, the State of Mexico, and Puebla. In light of these events, the National Center for Disaster Prevention (Cenapred) has proactively implemented an operational plan, aimed at mitigating potential consequences of…
  • Mexico's Vacation Rental Boom is in Full Swing and Puerto Vallarta Isn't Left OutMexico’s Vacation Rental Boom is in Full Swing and Puerto Vallarta Isn’t Left Out Puerto Vallarta (PVDN) - The vacation rental industry in Mexico is currently thriving, marking an unparalleled period of success. From January to March 2023, INEGI recorded an impressive influx of nearly 18.8 million international visitors. This figure represents an increase of 3.87 million visitors or 25.9% when compared to the corresponding period in 2022. During…
  • Tactical Groups Are Added to the Streets and Beaches of Puerto VallartaTactical Groups Are Added to the Streets and Beaches of Puerto Vallarta Puerto Vallarta (PVDN) - As a component of the safety strategies initiated at the Citizen Security Police Station, members from the Tactical Operations Group (GOT) have been bolstering street patrols all over Puerto Vallarta. Following directives from Commissioner Rigoberto Flores Parra and Mayor Luis Alberto Michel Rodríguez, these officers ensure a visible and protective presence…
  • Volcanic Activity in Popocatépetl Disrupts Air Travel to Puerto VallartaVolcanic Activity in Popocatépetl Disrupts Air Travel to Puerto Vallarta The volcanic activity of Popocatépetl has disrupted a minimum of 12 flights from the Mexico City International Airport (AICM) to Puerto Vallarta, as revealed by the Pacific Airport Group (GAP). The airport in the capital experienced closures that affected flight schedules, beginning Sunday, May 21st, until 1:00 p.m. on Monday, May 22nd. GAP detailed that…
  • Inhabitants of Santiago Xalitzintla Believe Popocatépetl Volcano is Erupting Because They Didn't Celebrate His Birthday This YearInhabitants of Santiago Xalitzintla Believe Popocatépetl Volcano is Erupting Because They Didn’t Celebrate His Birthday This Year Puerto Vallarta (PVDN) - The volatile temperament of Popocatépetl volcano, characterized by explosive outbursts, fumaroles, ash falls, and powerful seismic activity, is attributed to a straightforward cause by the inhabitants of Santiago Xalitzintla, the community nearest to the massive crater of Puebla's giant. To these residents, the volcano isn't just a natural feature, it's a…
  • More Flights to Puerto Vallarta With High Demand, Plus New Route from LAMore Flights to Puerto Vallarta With High Demand, Plus New Route from LA Puerto Vallarta (PVDN) - The Director of the Public Trust for Tourism Promotion and Advertising, Luis Villaseñor Nolasco, has announced that Puerto Vallarta will expand its air travel links to both domestic and international locations. Additional flights to this popular beach destination are planned for the coming days. According to Villaseñor Nolasco, there has already…

Compare Listings

Title Price Status Type Area Purpose Bedrooms Bathrooms