Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

Biden Targets Mexico in Chinese Steel Crackdown

Daniel Kim Views  

The Biden administration has imposed high tariffs on Chinese steel and aluminum products imported through Mexico. This follows a decision to more than triple tariffs on Chinese steel, essentially blocking the “transshipment” of Chinese products. Analysts suggest this move is a strategic play to win over voters in the Rust Belt, a region with a robust steel union presence, ahead of the November elections.

According to the New York Times (NYT), the Biden administration announced plans to impose tariffs on Chinese steel and aluminum imported through Mexico. The measure targets China’s practice of selling its steel to Mexico, then re-exports it to the U.S. tariff-free. The Biden administration cited Section 232 of the Trade Expansion Act, which allows for import restrictions on certain goods that could threaten national security, as the basis for this action.

The Biden administration stated that it would only exempt steel imported from Mexico produced in North America (U.S., Mexico, Canada) from the tariffs while imposing a 25% tariff on the rest. It also plans to impose a 10% tariff on Mexican aluminum, primarily refined in countries other than the U.S., such as China, Iran, and Russia. To verify the origin of steel and aluminum products, the U.S. Customs and Border Protection (CBP) plans to thoroughly check the origin in cooperation with the Mexican government.

White House National Economic Council Director Lael Brainard stated, “Chinese steel and aluminum entering the U.S. market through Mexico is harming American workers in states like Pennsylvania and Ohio. Steel and aluminum will remain central to our economy in the future.”

According to the U.S. government, about 3.8 million tons of steel was imported into the U.S. via Mexico last year. Approximately 13% was manufactured outside of North America. About 105,000 tons of aluminum was imported from Mexico last year, with nearly 6% being refined and the casting process being done outside of Mexico.

Earlier in May, the Biden administration tripled the tariffs on Chinese steel directly imported into the U.S. and announced plans to raise tariffs on Chinese electric vehicles to 100%. The U.S. plans to continuously enhance monitoring of all steel imported from not only China but also Mexico. As South Korea exports some steel products to the U.S. through Mexico, these measures may also affect it.

Daniel Kim
content@viewusglobal.com

Comments0

300

Comments0

[WORLD] Latest Stories

  • Porsche Taycan GTS Breaks Guinness Record with 10.9-Mile Ice Drift
  • Africa's MPOX Variant Clade 1b Reaches France: Health Officials Take Action
  • LA Wildfires’ Economic Toll Hits $50 Billion, Doubling Early Estimates
  • Real Reason Trump Wants Greenland and the Panama Canal: Geopolitical Dominance
  • Biden Targets China, Russia with New Semiconductor Export Limits
  • Wildfire Chaos in California: 150,000 Evacuated as Flames Spread

You May Also Like

  • 1
    This Celebrity Lost 7kg—and Her Diet Includes ...

    LIFESTYLE 

  • 2
    Red vs. White Wine: Which Is Riskier for Cancer? New Study Has the Answer

    LIFESTYLE 

  • 3
    Breakfast vs. Dinner: Which Meal Should You Load Up On for Better Health?

    LIFESTYLE 

  • 4
    Eat More Greens—But Skip the Fake Stuff, Scientists Warn

    LIFESTYLE 

  • 5
    Veggies vs. IBD: New Research Says the Right Diet Might Be a Game-Changer

    LIFESTYLE 

Popular Now

  • 1
    Eli Lilly Moves First in India, Beats Novo in Obesity Drug Showdown

    LIFESTYLE&nbsp

  • 2
    Trump’s Soda Button and 12-Can Habit: A Recipe for Trouble?

    LIFESTYLE&nbsp

  • 3
    New FDA-Approved Pill Targets Constant Hunger in Children with PWS

    LIFESTYLE&nbsp

  • 4
    Too Much Exercise Might Not Help You Live Longer, Says New Study

    LIFESTYLE&nbsp

  • 5
    Novo Nordisk Just Bought the Next Big Thing in Weight Loss

    LIFESTYLE&nbsp

Must-Reads

  • 1
    This Celebrity Lost 7kg—and Her Diet Includes ...

    LIFESTYLE 

  • 2
    Red vs. White Wine: Which Is Riskier for Cancer? New Study Has the Answer

    LIFESTYLE 

  • 3
    Breakfast vs. Dinner: Which Meal Should You Load Up On for Better Health?

    LIFESTYLE 

  • 4
    Eat More Greens—But Skip the Fake Stuff, Scientists Warn

    LIFESTYLE 

  • 5
    Veggies vs. IBD: New Research Says the Right Diet Might Be a Game-Changer

    LIFESTYLE 

Popular Now

  • 1
    Eli Lilly Moves First in India, Beats Novo in Obesity Drug Showdown

    LIFESTYLE 

  • 2
    Trump’s Soda Button and 12-Can Habit: A Recipe for Trouble?

    LIFESTYLE 

  • 3
    New FDA-Approved Pill Targets Constant Hunger in Children with PWS

    LIFESTYLE 

  • 4
    Too Much Exercise Might Not Help You Live Longer, Says New Study

    LIFESTYLE 

  • 5
    Novo Nordisk Just Bought the Next Big Thing in Weight Loss

    LIFESTYLE