Mexico seeks 'suspension agreement' in US rebar trade case

Mexican rebar producers have met officials from the US Commerce Department to ask for resolution of a trade case on rebar imports through a “suspension agreement” rather than taxes.

The meeting – between the US secretary of commerce, Penny Pritzker and the Mexican economy secretary, Ildefonso Guajardo Villarreal – took place in Mexico’s north-eastern city of Monterrey at the beginning of February.
“[A] trade dispute among North American Free Trade Agreement [Nafta] partners should be resolved through agreement and negotiation, rather than imposing duties and conducting endless annual reviews and court litigations,” a spokeswoman for Mexican rebar producer Deacero told Steel First on Wednesday February 12.

A suspension agreement would...


February 14, 2014

20:23 GMT

Mexico City