13,804.21 TRY BIST 100 BIST 100
51.48 EUR EUR EUR
43.77 USD USD USD
6.37 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
36.34 TRY Interest Interest
72.28 USD Fossil Oil Fossil Oil
5.76 USD Copper Copper
111.23 USD Silver Silver
94.29 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
7,080.54 TRY Gold (gr) Gold (gr)
96.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Mexico to request exemption from Washington for double steel tariffs

Mexico will officially request the U.S. administration to exempt it from the decision to increase customs duties on steel imports to 50%.

Mexico to request exemption from Washington for double steel tariffs

Mexico’s Minister of Economy, Marcelo Ebrard, stated at an event in Mexico City on June 3rd, “This decision is unfair and unsustainable. On Friday, we will present our reasons to the U.S. administration to exclude Mexico from this measure.”

Ebrard also noted that he would hold talks with U.S. officials in Washington on June 6th and mentioned that a “Plan B” is ready to be implemented if the tariff continues.

On June 3rd, U.S. President Donald Trump signed an executive order raising tariffs on steel and aluminum imports from 25% to 50%. The move was announced as a measure to protect domestic producers and ensure national security.

Ebrard emphasized that the new decisions will have negative impacts on sectors such as automotive, construction, and electronics. Mexico, as a key supplier in these sectors, warns that the increased tariffs will cause serious economic damage.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Türkiye’s January exports surpassed USD 1 billion in four provinces and 35 provinces recorded growth

Friday, February 20, 2026

US steel imports declined by 12.6% in 2025

Friday, February 20, 2026

Turkish Airlines became the Official Airline Sponsor of Steel Summit 2026

Friday, February 20, 2026

ArcelorMittal Kryvyi Rih allocated approximately 57 million UAH to social projects in 2025

Friday, February 20, 2026

Brazil imposed anti-dumping measures on steel sheets imported from China

Friday, February 20, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now