Mexico announces retaliation for US tariffs on steel and aluminum

The government of Mexico announced on Thursday commercial reprisals against tariffs that the United States, its largest trading partner, will apply to steel and aluminum.

“Mexico will impose measures equivalent to various products such as flat steel (hot and cold foil, including coated and various tubes), lamps, pork legs and shoulders, sausages and food preparations, apples, grapes, blueberries, various cheeses, among others”, The Economy Ministry said in a statement.

The agency added that “this measure will be in force until the US government eliminates the imposed taxes.”

Earlier, US Commerce Secretary Wilbur Ross said that his country will apply tariffs on steel and aluminum imported from Mexico, the European Union and Canada as of Friday.

Thus, Washington did not extend the temporary exemption to its trading partners until midnight on Thursday and will impose tariffs of 25% on steel and 10% on aluminum.

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