Mexican Economy Ministry said there are wide-range “equivalent” measures to counter the US steel tariffs. It’s reported that Mexico will target agricultural products that could hit Trump’s base states. And the measures will be in place until the US stops its tariffs.
It said in a statement that “Mexico profoundly regrets and condemns the decision by the United States to impose these tariffs on imports of steel and aluminum from Mexico.”
“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.”
The Ministry also said Mexico buys more steel and aluminum from the US than it sells. And it’s the top buying of US aluminum and second buyer of US steel.
