Mexico tightened traceability measures to block Asian steel shipments, cutting imports from Vietnam by 80% as talks with the United States advance. The push aims to prevent tariff evasion under the regional trade pact.
Mexico Cracks Down on Asian Steel to Avoid US Tariffs
Mexico has removed numerous nonexistent Asian steel mills from its registry, significantly reducing metal imports from third countries. The crackdown aims to prevent triangulation and ease United States tariff pressures.
