Mexico to Wait Until April 2nd to Respond to U.S. Steel and Aluminum Tariffs
Posted on 03/13/25 at 11:56
- Mexico to Wait Until April 2nd to Decide on Tariffs.
- US Imposed 25% on Steel and Aluminum.
- Sheinbaum Hopes to Avoid Reciprocal Measures.
Mexican President Claudia Sheinbaum announced that her government will make a decision regarding the tariffs on steel and aluminum by April 2nd.
The US government imposed a 25% tariff on these products starting March 12th, despite prior negotiations.
Sheinbaum explained that bilateral meetings will continue until that date, when Washington will present its scheme of reciprocal tariffs.
«We hope that, since we have a trade agreement, there won’t be any reciprocal tariffs,» the president stated.
Sheinbaum Awaits US Stance Before Deciding on Tariffs
The Mexican president indicated that her decision will depend on the final stance of the United States on the issue.
On March 4th, President Donald Trump announced the 25% tariff on Mexican steel and aluminum exports.
After a call with Sheinbaum, the measure was postponed until April 2nd.
Sheinbaum thanked for the «respectful dialogue» between both nations and highlighted the role of Secretary of Economy, Marcelo Ebrard, in the negotiations.
She mentioned that her government is keeping in touch with the national steel and aluminum producers.
The tariffs mainly affect Mexico, Brazil, South Korea, and Vietnam in steel, and the United Arab Emirates, Russia, and China in aluminum.
You might be interested in: Canada Responds with Tariffs to US Measures
In response, the European Union announced countermeasures amounting to 28 billion euros on U.S. imports.
Canada will also impose a 25% tariff on U.S. products worth 20.7 billion dollars.
Sheinbaum reiterated that her government will wait until April 2nd to define its response.
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