Mexico said Monday that it opposes the US proposal for quotas on steel and aluminum, and reiterated calls for the lifting of tariffs on these products under US Section 232 for reasons of national security.
“The position of the Mexican government is that the use of 232 on steel and aluminum is unjustified,” Deputy Economy Minister Luz Maria de la Mora told reporters.
De la Mora said the United States had proposed the elimination of Section 232 tariffs in favor of quotas.
"Quotas don't make sense, they are a way to manage trade ... What industry in North America needs is the elimination of this tariff, not controlled trade."
US President Donald Trump set tariffs on imported steel at 25 percent and 10 percent on aluminum last June, prompting Mexico and other trading partners to strike back. Mexico has consistently argued that tariffs are only detrimental to trade in North America and should be abolished.
US Trade Representative Robert Lighthizer said on March 12 that the United States is working on a plan to remove tariffs on Mexican and Canadian steel and aluminum, but retains the benefits that domestic US producers have received from the tariffs.
The plan to remove tariffs on metals from Canada and Mexico was once linked to the revision of the North American Free Trade Agreement, but was ultimately dropped from the deal.
Mexico opposes US proposal for quotas on steel and aluminum supplies
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Azovpromstal® 27 March 2019 г. 12:05 |
