Shinbam strikes after Trump raised the steel fee to 50%

President Claudia Sheinbam said on Wednesday that the US 50% of the fees in importing steel and aluminum – the implementation of today – it was “unjust,” and “no legal basis.”

Economic Minister Marcello Ebrard said he would be excluded from Mexico fee on Tuesday, which is doubled 25% duty on the US for steel and aluminum imports in March. If this is not the case, the Mexican government will announce its reply next week, Shinebam said.

US President Donald Trump announced last Friday that a plan to double the fee on steel and aluminum imports.

“We are going to bring this to 25% to 50% – the fees on the US, which will further protect the steel industry in the United States.” He said at an event in Pennsylvania.

Trump signed Administrative order To impose more fees on Tuesday.

Trump said in this order that “I decided to increase the steel and aluminum charges that were previously described before to adjust the imports of steel and aluminum articles and their descendants.

“In my judgment, increased fees will be more effectively resistant to the low cost, excess steel and aluminum in the US market, thereby reducing the competitiveness of the steel and aluminum industries in the United States.”

A The White House True Paper Trump said it was “taking steps to end unreasonable trading practices and the global pouring of steel and aluminum.”

“Foreign countries are flooding with cheap steel and aluminum in the United States market, often subsidized by their governments,” the White House said.

Last year, The US and Mexico have announced a series of steps to prevent the circular of previous US charges Served in steel and aluminum, especially Chinese products, were sent by Mexico.

The new 50% fee is, as it has changed 25%, the International Emergency Economic forces Act (IIEP), as per section 232 of the United States Trade Extension Act, Trump has been used to impose separate duties to most countries around the worldIncluding Mexico.

Brazilian steel manufacturer Certow cancels $ 600 million in Mexico due to fees

According to 2024 data from the US Trade Department, Mexico is the world’s second largest steel, aluminum and the acceptance of products received to the United States. The value of that Mexican exports to the United States was US $ 34.83 billion last year, which was followed by China.

Shinbam: ‘This is what we consider to be unjust’

Shinbam responded to the implementation of the highest fee at a press conference on Wednesday morning.

“This is an action we consider to be unjustly,” He told reporters.

“This is a move for the whole world. The fee will be 25%for all countries in the world except for Mexico, but also for the Great Britain,” Shinebam said.

“… As for Mexico, first, this is unjust… because as we have said many times, Mexico imports (from the US) to steel and aluminum (from the US).

“Second, from our perspective, this is not legal basis because there is a trade agreement,” she said.

He said that the US imposed steel and aluminum charges for national security reasons, “The White House spokesman yesterday said that there is good cooperation in all regulations, including the security issue, with the White House spokesman Mexico.”

Shinbam on steel fee
Shinbam expressed his disagreement with 50% steel fee on steel and aluminum, and yesterday the conversation with a White House spokesman said, “There is good cooperation with Mexico in all regulations, including the security issue.” (Andrea Mursia/Quartoscoro)

We do not think there is a basis for imposing fees for importing from Mexico, ”Shinebam said.

Mexican steel and aluminum are “unable to prolong” because, like cars, products with steel cross the border during the production process.

Sheinbam noted that he was discussing the issue with representatives of the steel and iron industry of Mexico’s National Room on Wednesday and Ebert would meet with US officials on Friday.

If Mexico fails to reach an agreement with the United States, his government will announce its response – but next week is not a “eye” -.

“Our responsibility is the first to protect Mexican employment and the second is the steel industry (to protect).

“… we do not agree (with fee), we do not think it is reasonable or stable because it raises the price of everything. We hope to reach an agreement,” he said.

Hebreard: Steel fees need to be repaired because the economic impact is ‘huge’

Hebreard told reporters He does not believe that 50% of the fee can last for a long time on Tuesday.

“Just as it happened with other (US) fees, it must be fixed because the economic impact is huge,” he said.

In fact, since Trump returned to the White House in January, he has made various changes in the fees he announced. By doing so, he advanced to his riot Summary of Taco – “Trump will always leave chickens.”

Ebrard described the 50% fee on Mexican steel and aluminum, and in the trade of those metals “Mexico is unjust because the United States has a surplus”.

“It does not mean that imposing a fee for a product that has surplus you have,” he repeated An argument he had previously made.

The Economic Minister said that he would ask for a formal exclusion of the fee when he met with US officials at the Washington DC on Friday.

“How do I look at this move? I see it as unjust, unrelenting, and difficult,” he said.

Ebert has been trying to negotiate the most favorable trade conditions between Mexico and the United States for months, and Trump has traveled to Washington since he started his second time.

Before doubling US fee on steel and aluminum, he tried to exempt 25% of those metals and a US fee on foreign cars.

It should be seen whether Hebreard can get any concessions from the US government at his meeting on Friday.

In addition to steel, aluminum and auto charges, Mexican products that are not closed by the USMCA face 25% duties when entering the United States.

The United States International Trade Court ruled last week Trump has violated his power in using Iva to impose duties of trafficking in Fendan for non -USCA compliant goods, but the US government immediately appealed the decision and resided in the judgment of the Commerce Court.

Mexico News Daily Chief Employee Writer Peter Davis ((Email protected))



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