May 19, 2025
Mexico touts Brazilian carveout in steel deal with U.S.; Washington silent
The Mexican government earlier this month said the U.S. had agreed to exempt steel that was melted and poured in Brazil from new tariffs on non-North American steel routed through Mexico, but Washington has not confirmed a carveout – and sources tell Inside U.S. Trade none has been agreed to. The White House on July 10 announced that President Biden and Mexican President Andrés Manuel López Obrador had agreed to a set of actions to address concerns that steel...
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