Mexico questions Trump's 'unfair' steel tariffs, highlights trade deficit
Mexico's government on Tuesday questioned the fairness of a 25% tariff ordered by U.S. President Donald Trump on its steel and aluminum imports, stressing that Mexico buys more steel from the U.S. than it exports to its northern neighbor.
U.S. Tariffs on Mexican Steel, Aluminum Are Not Justified, Mexico Says
MEXICO CITY (Reuters) - The 25% tariff on steel and aluminum imports from Mexico imposed by U.S. President Donald Trump "is not justified" because the U.S. runs a steel and aluminum trade surplus with Mexico, Mexican Economy Minister Marcelo Ebrard said on Tuesday.
The tariffs are set to take effect on March 12 and will apply to all countries' steel and aluminum exports to the United ...
Ford CEO Jim Farley did not mince words with Wall Street on Tuesday, describing the impact from a lasting 25% tariff as being ...
Which nation ultimately bears the cost of a tariff depends on what that country makes and its pull in the global market.
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