The Biden administration has announced the imposition of tariffs on steel and aluminum shipped from Mexico that were made elsewhere. This move aims to prevent China from avoiding import taxes by routing goods through Mexico, one of the United States' key trading partners.
The tariffs, which were revealed as part of an agreement with Mexico under section 232 of the Trade Expansion Act, target steel and aluminum imports that could potentially pose a threat to U.S. national security. A 25% tariff will be applied to steel not melted or poured in Mexico, while a 10% tariff will be imposed on aluminum.
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