Trade Cases
Mexico GOES Tariff Free
Written by Sandy Williams
November 6, 2020
Mexico has agreed to strictly monitor exports of grain-oriented electrical steel in lieu of trade restrictions under Section 232 of the Trade Expansion Act of 1962.
A Nov. 5 statement from the U.S. Trade Representative said, “In light of these measures, imports from Mexico will not be subject to any action to adjust imports of electrical transformers and related parts that may be adopted by the United States under Section 232.”
The U.S. and Mexico will consult regularly on the implementation of the measures and on bilateral and trade conditions relating to GOES products.
U.S. Trade Representative Robert Lighthizer said that the influx of low-priced steel from third countries imperils North America’s electrical steel production capability. He praised his Mexican counterpart, Secretary of Economy Graciela Márquez Colín, for working to find “cooperative solutions to a common regional challenge.”
The Department of Commerce self-initiated a Section 232 investigation on imports of laminations for stacked transformer cores, stacked and wound transformer cores, electrical transformers and transformer regulators. The laminates are made of grain-oriented electrical steel.
Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases
Industry piles on new Section 232 steel derivative inclusion requests
The Department of Commerce received 97 submissions from producers, manufacturers, and groups seeking Section 232 tariff coverage for steel and aluminum derivative products.
Price on Trade: New EU steel tariffs don’t mean the US should weaken its stance
Any steel imports into the EU that exceed the new, lower quota level would be subject to a 50% tariff, which represents a major increase from the EU’s current 25% out-of-quota tariff. This move would largely align the EU’s steel tariff rate with Canada and the United States.
Global steel forum sets 2026 framework deadline as US ups pressure on excess capacity
Global steelmakers sounded the alarm Friday over the deepening excess steelmaking capacity crisis. Ministers at the Global Forum on Steel Excess Capacity (GFSEC) in Gqeberha, South Africa, pledged to...
CRU: China’s indirect steel exports find new destination markets
The boom in China’s direct steel exports has not stopped this year, even with a rise in protectionist measures globally. The increase is driven by...
U.S. Steel sues Algoma over iron pellet shipments
U.S. Steel is suing Algoma over the Canadian flat-rolled producer's rejection of iron pellet shipments, arguing it has breached its contract.