White House Unveils Plan to Stop Chinese Steel From Entering US Through Mexico

China supplies 4 percent of the steel in the United States; WH says it wants to be ‘forward-looking’ to prevent cheap imports from undercutting U.S. jobs.
White House Unveils Plan to Stop Chinese Steel From Entering US Through Mexico
An employee looks on at steel rolls at a factory in Nantong, in China's eastern Jiangsu Province, on March 1, 2022. STR/AFP via Getty Images
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The White House will close loopholes that allow China to evade tariffs by exporting steel and aluminum to the United States through Mexico, a senior administration official announced on July 10.

President Joe Biden will sign a proclamation ensuring that steel coming from Mexico receives duty-free benefits if it’s melted and poured in Mexico, and importers will have to share information on the origin of their steel products, the White House confirmed.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."