US tightens steel, aluminum import rules to curb China tariff evasion
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The United States has announced stricter rules on steel and aluminum imports from Mexico to prevent China-origin goods from avoiding tariffs. Steel arriving via Mexico will qualify for duty-free benefits only if melted and poured in Mexico, the United States, or Canada. Otherwise, they will face tariffs of 25 percent. Aluminum imports from Mexico that contain primary aluminum smelt or cast in China, Belarus, Iran, or Russia will also face a 10 percent tariff. Mexico will require importers to provide information about the products' countries of origin. The US officials warned that tariff evasion would undermine its investments and hurt American workers. The measures are aimed at preventing excess industrial capacity in China and ensuring the long-term viability of the US steel and aluminum industries.
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https://www.legit.ng/business-economy/economy/1601535-us-tightens-steel-aluminum-import-rules-curb-china-tariff-evasion/
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