The Canadian government has cut duties on a variety of Mexican steel exports as part of the U.S.-Mexico-Canada Agreement (USMCA) ratification process. That’s a marked contrast to the U.S. which has continued to apply duties. Canada has represented a small but growing part of Mexican steel exports, accounting for just 10.0% of exports in 2018 after having seen a 19.3% compound annual growth in the past three years.
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