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US and Mexico Near Deal to Cut Steel Duties and Cap Imports
The US and Mexico are closing in on a deal that would remove President Donald Trump’s 50% tariffs on steel imports up to a certain volume, according to people familiar with the matter, a revamp of a similar deal between the trade partners during his first term.
US, Mexico Close to Deal That Would Cut Steel Tariffs, Bloomberg Reports
(Reuters) -The United States and Mexico are close to a deal that would get rid of 50% tariffs that U.S. President Donald Trump has imposed on Mexican steel imports up to a certain volume, Bloomberg News reported on Tuesday, citing people familiar with the matter.
According to nearly every academic expert, Donald Trump’s tariffs are bad news for the US and the world economy. But there ...
President Trump has doubled the rate on foreign metals to 50%, saying the levies weren’t high enough to help the U.S.
Trump administration tariffs on all imported aluminum and steel are now in effect as the United States launched a 50% duty ...
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