WASHINGTON – The Office of the United States Trade Representative today released the following statement in response to the Government of Mexico imposing tariffs of up to 25% on steel and other products on non-FTA countries and economies.
“The United States welcomes Mexico’s efforts to address global non-market excess capacity in the steel sector. As noted during the 93rd Session of the OECD Steel Committee, the increase in global excess capacity continues to raise risks of further oversupply in the steel sector. The United States looks forward to continuing discussions with Mexico to address the recent surge of imports of steel and aluminum products into the United States and to ensure greater transparency with regards to Mexico’s steel and aluminum imports from third countries.”
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