Steel

Mexico heads into the USMCA review seeking tariff relief and safeguards against future US measures, while negotiations center on steel, China alignment and parallel cooperation on critical minerals. More

• The Agreement will boost public purchases of domestic steel, industrial policy, and financing, helping to protect around 90 thousand direct jobs and consolidate investments of 8 billion dollars.  • President Claudia Sheinbaum highlighted the importance of this Agreement: “Perhaps such a signing had never been done before, it is historic, an agreement to promote the national steel industry.” More