On Monday, President Donald Trump announced a 25% tariff on all steel and aluminum imports into the United States, with no exceptions or exemptions. This decision has sparked reactions from various countries, as the US primarily imports steel from Canada, Brazil, and Mexico, with China accounting for a small percentage of US-imported steel.
Mexico's Secretary of Economy, Marcelo Ebrard, expressed that the tariffs are not justified for Mexico, as the country imports more steel from the US than it exports there. Ebrard plans to engage in discussions with the Trump administration to present Mexico's perspective on the matter.
Canadian Prime Minister Justin Trudeau also responded, stating that Canada will react strongly and firmly to the US tariffs on steel and aluminum if necessary. The imposition of these tariffs has raised concerns and uncertainties in the global trade landscape, with countries evaluating their next steps in response to the US's trade policies.
