The president of the United States, Donald Trumpannounced that they will apply 25% tariffs on all steel importsand added that aluminum will also be subject to rates.
“Any steel that enters the United States will have a 25% tariff”Said the US president while flying in the Air Force One Rumbo to New Orleans, where it will be present during the Super Bowl Lix.
The president said that on Tuesday or Wednesday he will announce reciprocal tariffs with other commercial partners, but from Monday, February 10, 25 % tariffs on steel and aluminum imports.
The United States imported 3.8 million tons of steel from Mexico during the year 2023according to figures from the Confederation of National Chambers of Commerce, Services and Tourism (Concanaco) of Mexico.
In May 2019that is to say under the first administration of Donald Trump, the United States government He agreed to lift tariffs on steel and aluminum imports from Mexico which were imposed on June 1, 2018, under Section 232 of the United States Commercial Law of 1962.
After pausing the tariffs to Mexico and Canada, Trump insisted that trade is affecting their country and therefore it is necessary to apply rates also to other nations.
“It is very simple: if they charge us, we charge them. If they are charging us 130% and we do not charge anything, that will not work like this, ”Trump said about reciprocal tariffs.
In this way, the US president said that these tariffs will be put into practice “almost immediately” for “all countries.”
Regarding steel and aluminum tariffs, Trump said he will announce the measure and give more details tomorrow, Monday.
During his first term (2017-2021) Trump imposed 25% tariffs on steel and 10% to aluminum, but then granted tax free fees to several commercial partners, including Canada, Mexico and Brazil.
During the six -year term of President Andrés Manuel López Obrador, the then Secretary of Economy, Graciela Márquez held meetings with the United States commercial representative, Robert Lighthizer and the United States Secretary of Commerce, Wilbur Ross, who requested the total elimination of tariffs and the establishment of quotas.
It was May 17, 2019 when the United States agreed to eliminate, Mexican steel and aluminum export tariffs without mediating.
