The United States on Thursday morning said it was moving ahead with tariffs on aluminum and steel imports from Canada, Mexico and the European Union, ending a two-month exception and threatening to ignite a trade war.
According to Reuters news agency, the Mexican measures, which target pork legs, apples, grapes and cheeses as well as steel, could hit farm states that are a bastion of support for U.S. President Donald Trump, ahead of American midterm elections in November.
“Mexico reiterates its openness to constructive dialogue with the United States, its support for the international commerce system and its rejection of unilateral protectionist measures,” it said.
Mexico buys more steel and aluminum from the United States than it sells. It is the top buyer of U.S. aluminum and the second buyer of U.S. steel, the economy ministry said.
The countermeasures will hit U.S. hot and cold rolled steel, plated steel and tubes, the ministry said.
The United States, Canada and Mexico have been renegotiating the North American Free Trade Agreement, which governs trade between the three countries.
Source: Reuters news agency




