Mexico threatens retaliation as US doubles metal tariffs, EU and others race to avoid further levies

George Mihalcea

WASHINGTON: Mexico has threatened to impose retaliatory tariffs after the United States doubled its import duties on steel and aluminium, deepening a global trade dispute that has disrupted markets and strained diplomatic ties. US President Donald Trump’s decision to increase the levies to 50 per cent took effect at midnight on Wednesday (Jun 4), applying to all countries except the United Kingdom, which secured a temporary exemption via a preliminary trade agreement. Mexico’s Economic Minister

Tag-uri: Donald Trump