Stop Mexico’s Steel Surge Act
This bill reimposes tariffs on steel imports from Mexico at levels in effect before May 2019, requiring the Secretary of Commerce to maintain these duties for at least one year. It targets Mexican steel exporters directly, aiming to address alleged breaches of a 2019 trade agreement that the bill claims caused harm to the U.S. steel industry. The law also allows the President to set import limits (quotas) to reduce Mexican steel shipments back to pre-2019 trade volumes. Duties can only be lowered if U.S. officials certify Mexico has adopted compliant policies and will maintain them. The measure focuses on reversing increased steel imports from Mexico under the framework of the 2019 Joint Statement.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2024
Committee Review
Floor Vote
President
Introduced Mar 12, 2024
Last action Mar 12, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 12, 2024
Committee
Read twice and referred to the Committee on Finance.
upper
Mar 12, 2024
Introduced
Introduced in Senate
upper
1 primary · 9 co-sponsors
Sponsors
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