Countervailing Duties Target Mexican Steel Subsidies in US
Published Date: 8/29/2025
Notice
Summary
The U.S. Commerce Department found that some Mexican steel makers got unfair government help on corrosion-resistant steel from January to December 2023. Because of this, extra taxes (called countervailing duties) will be added to these steel products to keep things fair for U.S. businesses. This means importers should expect new costs starting now to protect American steel jobs and companies.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Importers face new duties on Mexican steel
The Department of Commerce found countervailable subsidies for certain corrosion-resistant steel products (CORE) from Mexico for January 1, 2023 through December 31, 2023. As a result, countervailing duties (extra import taxes) will be applied to these CORE imports, meaning importers should expect higher costs for those steel products.
American steel firms get trade protection
Commerce determined that subsidies were provided to Mexican producers of certain corrosion-resistant steel during January 1, 2023 through December 31, 2023, and is imposing countervailing duties to counteract that support. The stated aim is to keep competition fair and protect American steel companies and steel-sector jobs.
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