US, Mexico are closing in on a deal that would remove President Donald Trump’s 50% tariffs on steel imports up to a certain volume – Bloomberg News with the info.
No further details at present.
More:
US and Mexico are nearing a deal to remove Trump’s 50% steel tariffs in exchange for a cap on Mexican imports based on historical volumesproposed cap would exceed limits from a 2019 agreementTrump will need to approve the final dealMexico’s Economy Minister Ebrard says that the tariffs are unfair, noting the US exports more steel to Mexico
This article was written by Eamonn Sheridan at www.forexlive.com.