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Mexico vows United States steel tariff retaliation

Mexico vows United States steel tariff retaliation

Flake also says using the tariffs is not a good way to prod Mexico and Canada to renegotiate the North American Free Trade Agreement. Guajardo also told local TV that if the USA government were to push ahead with metals tariffs that included Mexico, the country would be forced to respond with politically-targeted tit-for-tat responses. "We have the ability to respond", he told Mexican broadcaster Televisa. "So we are going to do the work it takes to get a good - I will even say excellent - modernization of NAFTA".

Mr Trump had originally said he wanted tariffs on steel and aluminium as a way to address what many view is a global oversupply of Chinese production, but China does not export much steel and aluminium to the U.S., making it hard to directly limit its production unilaterally.

The governor said the president's remarks are adding to the volatility for Iowa economic sectors already struggling with the price of farm commodities hovering below the cost of production.

The governor indicated that she spoke with the president, Vice President Mike Pence and administration officials when she attended the winter meeting of the National Governors Association last week in Washington, D.C. She said she hoped to have a follow-up visit with the vice president Tuesday while he is in Council Bluffs to tout the federal tax cuts.

Finance Minister Bill Morneau told reporters at the same time in Vancouver that attempts by Trump to link steel tariffs with the ongoing NAFTA talks will not improve the state of negotiations. "Tariffs on steel and aluminium will only come off if new and fair Nafta agreement is signed", Mr Trump tweeted.

Chelsea boss Antonio Conte: 'We are missing John Terry'
But owner Roman Abramovich is ready to keep his head coach as long as he curbs the moaning about transfers. These days Roman wants to give his managers every opportunity. "People are growing tired of it all".

Treasury Secretary Steven Mnuchin announced at a press conference that the administration is examining the impact of imposing the tariffs on a "case-by-case" basis.

Kevin Brady, chairman of the U.S. House of Representatives Ways and Means Committee, which has dominion over U.S. trade policy, was conversing on the sidelines of the recent round of NAFTA talks among US, Canada and Mexico.

Lighthizer made public remarks that appeared to confirm something he allegedly told members of Congress behind closed doors a few weeks ago - leaving a meeting, they said he'd described the negotiations with Canada as more hard, and was willing to complete talks with Mexico first.

U.S. President Donald Trump has vowed to impose a 25 per cent tariff on steel imports and a 10 per cent tariff on aluminum imports, with details expected to be unveiled Thursday. The European union, we can't do business in there, we're not allowed.


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