A 25% tariff on all steel and aluminum entering the United States went into effect Wednesday — and while China and Canada both quickly responded with tariffs of their own, Mexico is waiting.
Mexican President Claudia Sheinbaum said her government will wait until April 2 before it declares any retaliatory tariffs on steel or aluminum. That’s the date when the across-the-board tariff President Donald Trump briefly imposed and then lifted on Mexican goods is supposed to go back into place.
Sheinbaum said her government is in talks with the United States. Her economy secretary was in Washington, D.C., this week for talks with Trump’s commerce secretary.
She told reporters she’s holding out on reciprocal tariffs, because Mexico doesn’t know what will happen on April 2, suggesting it’s possible that the steel and aluminum tariffs currently in place could be lifted.
