The Mexican Iron and Steel Producers Association has announced that the U.S. will implement a trade protection policy, to prohibit their use of iron and steel materials imported from Mexico in infrastructure construction.
The introduction of this policy means that Mexico"s exports of steel products to the United States will be slashed.
Mexican Iron and Steel Producers Association said that the introduction of this policy violates the North American Free Trade Agreement and World Trade Organization’s relevant provisions of free trade, and the Mexican Ministry of Economic Affairs has been requested to intervene in this matter. Source: Yieh.com