Mexico plans to formally request an exemption from the United States’ doubled steel tariffs, Economy Minister Marcelo Ebrard said, criticizing the move as unjust and economically unsound.
Mexico will seek to be excluded from the United States’ recently increased steel tariffs, Economy Minister Marcelo Ebrard announced, after U.S. President Donald Trump officially raised the levy on imported steel from 25% to 50%.
Speaking to reporters ahead of a public event, Ebrard confirmed that Mexico will file its formal exemption request this Friday. “We will ask on Friday that Mexico be excluded from this measure just like the United Kingdom was,” he said.
Ebrard condemned the tariff hike, calling it "unfair, unsustainable, and inconvenient," especially given the trade balance between the two countries. He emphasized that the U.S. currently runs a trade surplus with Mexico, suggesting that such protectionist measures are typically more appropriate when deficits are at play.
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