Trade Cases
September 26, 2019
Mexico Renews Steel Tariffs for Five Years
Written by Sandy Williams
Mexico will renew its tariffs covering imports of over 200 steel products for the next five years, but will decrease the rates on most products to 5 percent by September 2023. The tariffs apply to countries with which Mexico does not have a free trade agreement.
The current tariff is 15 percent, but will fall to 10 percent for all but 30 of 228 products in September 2021. The rate will further decline to 5 percent in September 2023.
