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US Senators introduce bill to reimpose 25% tariff on Mexican steel imports

March 13, 2024 Comments Off

US Senators Tom Cotton and Sherrod Brown introduced legislation March 12 that would reinstate Section 232 tariffs on imports of steel from Mexico amid concerns raised by US steelmakers about a surge in steel imports from the country. The bill, known as the Stop Mexico’s Steel Surge Act, has bipartisan support and is co-sponsored by eight additional Senators. Representatives Rick…