US Imposes Stricter Tariffs on Steel and Aluminum Imports via Mexico
New rules aim to prevent Chinese metals from bypassing existing tariffs, bolster North American supply chains
- Steel imports from Mexico must be melted and poured in North America to qualify for duty-free entry.
- Aluminum imports from Mexico must not include materials smelted in China, Russia, Belarus, or Iran.
- The measures expand protections initially introduced under Trump, reflecting a bipartisan shift towards tougher trade policies.
- Officials cite national security and fair competition as key reasons for the new tariffs.
- The US and Mexico will enhance cooperation to monitor and enforce the origin of steel and aluminum imports.