1 day ago · Item 1 of 4 Steel coils are pictured in the yards of the steelmaker Ternium plant as U.S. President Donald Trump ordered 25% tariffs on aluminum and steel imports entering the United States, in ...

1 day ago · When Mr. Trump imposed tariffs in his first term — 25 percent on steel and 10 percent on aluminum — Mexico retaliated with countertariffs on key American products, including pork, apples ...

2 days ago · The tariffs come just a week after Trump promised to suspend tariffs on Canada and Mexico. They echo steel and aluminum tariffs Trump imposed during his first administration, though at that point ...

3 days ago · In his first term, Trump imposed tariffs of 25% on steel and 10% on aluminum, though Brazil and Mexico were among the countries later exempted from them. Some of the region's top steel firms ...

Jul 11, 2024 · Under the new policy, steel product imports from Mexico will be subject to 25% tariffs under Section 232 of the U.S. Trade Expansion Act — unless the steel is documented to have been melted...

Jul 10, 2024 · The Biden administration is imposing tariffs on steel and aluminum shipped from Mexico that were made elsewhere. It’s an attempt to stop China from avoiding import taxes by routing goods through one of the United States’ closest trading partners.

On 10 July 2024, the Biden Administration reached an agreement with Mexican President Manuel Lopez Obrador to implement additional trade measures to prevent the circumvention of current United States (US) punitive tariffs imposed on steel and aluminum imports under Section 232 of the Trade Expansion Act of 1962 (Section 232).

Jul 17, 2024 · Effective January 1, 2022, the Section 232 duties on imports from the EU of steel and aluminum were removed and replaced with a Tariff Rate Quota in line with historical levels of trade. The first July 10 proclamation closes a loophole in the Section 232 exemption for Mexico.

On April 22, 2024, the Mexican Government published a modification to the Tariff of the Law of General Import and Export Taxes. The Mexican government has established temporary import tariffs ranging from 5% to 50% for 544 HS codes.

Jul 18, 2024 · Under the new policies, Mexican steel must be “melted and poured” in Canada, Mexico or the U.S. to avoid the 25% tariff. Further, Mexican aluminum imported to the U.S. will carry a 10% tariff if it contains any metal that was “cast or …