Sources: U.S., Mexico discussing TRQs as possible 232 tariff alternative

Mexican officials are in Washington, DC, this week to discuss the possibility of replacing Section 232 tariffs on steel and aluminum with tariff-rate quotas, sources tell Inside U.S. Trade. Mexico's foreign affairs under secretary for North America, Jesús Seade, and other Mexican officials met with officials at the Office of the U.S. Trade Representative on Thursday and were slated to meet with Commerce Department officials on Friday, these sources said. One source described the U.S. proposal to impose “flexible” tariff-rate...