The Mexican government has rejected a US proposal to impose quotas on steel imports from Mexico in exchange for the elimination of tariffs under the US Section 232, a government official said.
Mexican subsecretary of foreign trade, Luz Maria de la Mora Sanchez, said such a proposal was made to both the past and current Mexican governments. She labeled the proposal as “a useless formula.”
“Such measures should end,” she said, while talking at an American Chamber Mexico event.
Sanchez said quotas are meant to manage trade and they have no place within a relationship of productive integration in North America.
The US Trade Representative said earlier in March the US government was working on a plan to eliminate tariffs from both Mexican and Canadian steel producers while still preserving gains US steelmakers have made since the tariffs were imposed last year.