Trump Doubles Steel and Aluminum Tariffs: Mexico Responds with Sharp Criticism

President Trump's surprise decision to double tariffs on steel and aluminum imported into the United States has sent shockwaves through global markets. Effective June 5th, the tariffs will jump from 25% to 50%. This move has drawn sharp criticism from various countries, particularly Mexico. Mexican Secretary of Economy Marcelo Ebrard voiced strong concerns, stating, "In the first place, I don't believe these tariffs can be sustained over time, because it's a tariff...that will have to be adjusted because the economic impact is very large." He further criticized the decision as unjust, given that the US has a trade surplus with Mexico. The Trump administration has not yet commented on Ebrard's statement. The impact of this decision on international trade relations remains to be seen, but it is expected to cause significant economic ripples.