Mexico questions Trump's 'unfair' steel tariffs, highlights trade deficit
Mexico's government on Tuesday questioned the fairness of a 25% tariff ordered by U.S. President Donald Trump on its steel and aluminum imports, stressing that Mexico buys more steel from the U.S. than it exports to its northern neighbor.
Ford, Canada and Mexico
4hon MSN
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Canada, Mexico and European countries criticized President Trump’s levies on steel and aluminum with fears that they could ignite a global trade war.
"If it escalates into bilateral tariffs, we estimate an 8% hit to EPS assuming unitary elasticity," Bank of America analysts said.
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