US, Mexico Move to Thwart China Circumvention of US Steel, Aluminum Tariffs

July 10, 2024, 08.33 PM | Source: Reuters
US, Mexico Move to Thwart China Circumvention of US Steel, Aluminum Tariffs

ILUSTRASI. Employees work at the production line of aluminium rolls at a factory in Zouping, Shandong province, China.

TRADE WAR - WASHINGTON. The U.S. and Mexico on Wednesday announced new steps to fight the circumvention of U.S. tariffs on steel and aluminum by China and other countries that ship products through Mexico, implementing a North American "melted and poured" standard for steel.

The White House said that under a new policy implemented by President Joe Biden, steel product imports from Mexico will be subject to 25% U.S. "Section 232" tariffs unless the steel is documented to have been melted and poured in Mexico, the U.S. or Canada.

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