SEATTLE - The Biden administration announced on Wednesday a new tariff on Chinese steel and aluminum and on Mexican steel that is melted or poured outside of North America. It is a way to close a loophole that allowed Chinese goods to enter the United States through Mexico without having to pay any tariffs.
Officials said that 3.8 million tons of steel came into the United States through its southern neighbor last year. About 13% of Mexican steel imports into the United States in 2023 were melted or poured outside of North America, according to the White House.
