US-Mexico Trade Talks Stall Over Steel, Aluminum Tariffs Amid Election Season
[SMM Aluminum Express News] US-Mexico trade negotiations stall over aluminum and steel tariffs as Washington resists proposed reductions. Trade negotiations between the United States and Mexico have reached an impasse over Section 232 tariffs, according to an October 21 Bloomberg report. US Commerce Secretary Howard Lutnick reportedly opposed Mexico's requests to reduce the current 50% tariffs on steel and aluminum, including duties on downstream metal products. Mexico had sought tariff relief as part of a broader trade agreement, but disagreements have slowed negotiations, with significant progress potentially delayed until after the November 3 US midterm elections.