U.S. Decision to Impose Steel and Aluminum Tariffs Adds Uncertainty to NAFTA Renegotiation

Alejandro Gomez-Strozzi was quoted in the El Financiero article, “Lighthizer ve ‘ventana’ para el TLCAN 2.0 tras votación en México.”

Gomez-Strozzi said that the U.S. decision to impose tariffs on steel and aluminum from Mexico, Canada and the European Union added uncertainty to the renegotiation of NAFTA. He explained that the taxes do not encourage the modernization of the treaty. He also noted that the uncertain future of NAFTA is the reason why Mexico appealed to the WTO, and not to NAFTA Chapter 20, to defend its steel and aluminum industries against U.S. measures.