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Mexico Ratifies USMCA: Did Section 232 Exemptions Help?

Mexico Ratifies USMCA: Did Section 232 Exemptions Help?

It would be fair to say that the Section 232 exemptions were an enabler in Mexico ratifying the USMCA. The Trump administration has also tried to put some safeguards in place so that imports from Canada and Mexico don’t surge after the exemption. While these measures look positive, steel imports from Canada and Mexico could still rise.