image credit: Unsplash

Will Mexico Respond as U.S. Ratchets Up the Pressure on Steel Imports?

March 19, 2024


In December U.S. Sens. Sherrod Brown (D-OH), Tom Cotton (R-AR) and a dozen other colleagues sent a letter to the Biden administration’s national security advisor alleging Mexico, in breach of a trade deal it reached with the United States in 2019, was allowing steel imports to surge into the U.S. market well above the agreed-to historical benchmarks.

Last week they took it further and introduced legislation to reinstate tariffs on those imports. Cosponsored by Reps. Frank Mrvan (D-IN) and Rick Crawford (R-AR) in the House, the Stop Mexico’s Steel Surge Act would return tariffs of 25% for no less than one year and give the president the authority to impose additional tariff rate quotas on specific products as needed.

Read More on Alliance for American Manufacturing