Government/Policy
June 9, 2019
Leibowitz on Trade: Mexico Tariffs—What Just Happened
Written by Lewis Leibowitz
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington:
On Friday evening, President Trump announced that he was suspending “indefinitely” the tariffs on goods imported from Mexico to the United States. The outlines of the deal that had this result have been announced, but there are no official documents that set policy or change anyone’s position. A 5 percent tariff was to take effect on June 10, increasing in monthly increments to 25 percent by Oct. 1, if the Mexican government did not do more to help control migration.

