Mexico Fights Back Against US Steel Tariffs

Mexico Challenges US Steel Tariffs: Economy Minister Ebrard Announces Exemption Bid MEXICO CITY – Mexico's Economy Minister, Marcelo Ebrard, has publicly denounced the recently implemented 50% US tariff on imported steel as "unjust, unsustainable, and inconvenient." The announcement follows President Trump's official decision to significantly increase tariffs on steel imports. Ebrard stated, "I view this measure as unfair; it makes no sense to impose a tariff on a product where you have a trade surplus." Mexico plans to formally request an exemption from these tariffs, following the example of the United Kingdom, by this Friday. Ebrard's criticism highlights the significant economic impact of the tariff on Mexico. The US currently enjoys a substantial trade surplus with Mexico, making the tariff's imposition seem illogical and economically counterproductive to many analysts. The move is expected to further strain relations between the two North American nations. Mexico's formal request for an exemption is expected to be closely watched by other countries facing similar tariff increases.