Trade: USMCA
Key Facts
—Current tariff. Mexican steel and aluminum exports to the United States face a 50 percent duty under Section 232, a rate Mexico’s government calls unsustainable, according to Mexico Business News reporting on July 31, 2026.
—Mexico’s ask. Economy Minister Marcelo Ebrard is pressing Washington to lower the rate to 10 percent, matching the preferential treatment the United States grants to United Kingdom steel, as reported by Mexico Business News on July 31, 2026.
—Trade damage. The 50 percent duty cut Mexico’s steel exports to the US by 36.6 percent in 2025 and pushed domestic steel capacity utilization down to 55 percent, per Ebrard’s figures cited in July 2026.
