May 17, 2019 / 7:50 PM / 2 months ago

Mexico says deal reached with U.S. on steel, aluminum does not impose quotas

MEXICO CITY, May 17 (Reuters) - The Mexican President’s office said on Friday that a U.S. deal to lift steel and aluminum tariffs will not impose quotas on metals in Mexico.

“We came to an agreement that benefits both parties: the tariffs are lifted, without quotas on steel and aluminium,” it said in a statement, adding that it reinstated a tariff-free commercial relationship for those products. (Reporting by Mexico City; Editing by Frank Jack Daniel)

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