US-Mexico trade talks stall over steel and aluminum tariffs

Briefing by News4U · First published

Negotiations have cooled and major progress may wait until after the November 3 midterm elections.

Sina Finance reported that US-Mexico trade talks are deadlocked over steel and aluminum tariffs, dashing earlier hopes of an imminent deal. [1]

Two sources said US officials, including Commerce Secretary Lutnick, are unhappy with Mexico’s demand to lower metal tariffs, and talks have cooled in recent days. [1]

Mexico has said it will not accept an agreement unless tariffs on downstream metal products are reduced, and US officials now do not rule out a delay well past the midterm elections. [1]

Sources

  1. 美墨贸易谈判卡在钢铝关税 或要等到中期选举之后才有进展

    Sina Finance · · Full text

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