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US Congressmen ask for 25 percent tariff on steel imported from Mexico-不锈钢展-2025第二十五届广州国际不锈钢工业展--The 25th China(Guangzhou)Int'l Stainless Steel Industry Exhibition
9/19/2024 Stainless Steel exhibition-Stainless Steel expo |
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US senators from both paries again asked the joe Biden administration to reinstate the 25 percent Section 232 tarifs on Mexicansteel to protect the national steel industry from illegal or tarif-free imports of Chinese steel shipped from Mexico."lmports of Mexican steel are now surging far in excess of historical levels of trade. imports of Mexican steel conduit have soaredto around 500 percent over the 2015-2017 baseline and may rise to 700 percent this year," says the letter sent to Biden and signedby Senators Marco Rubio (R-Fla.), Sherrod Brown (D-0hio), Mike Braun (R-indiana) and Bob Casey (D-Pa.).
They recalled that in March 2018. the 25 percent tarif was applied to Mexican steel, under Section 232 of the Trade Expansion Actof 1962 to protect the industrial security of the United States. in 2019, Mexico and the United States reached an agreement toexempt the tariff and Mexico committed that in the event of a sudden increase, the tariff would be reimposed
According to the congressmen, "communist China" is avoiding US tariffs by moving its production to Mexico, which benefits fromthe free trade agreement between the United States, Mexico and Canada (USMCA). Meanwhile, Mexico continues to increase itssteel exports to the United States in contravention of the 2019 steel agreement.
"These trade abuses threaten American production" of steel, the letter says.
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