Comment: Mexico, rebar and ‘spirit’ of Nafta
May 12, 2014 | 01:43 PM
| Philip K. Bell
NEW YORK Steel producers in the three North American Free Trade Agreement (Nafta) countries share the common goals of enhancing the competitiveness of the North American steel industry while also ensuring fair trade and improving customs enforcement along Nafta borders.
Steel producers in the Nafta region have made substantial progress toward achieving these goals over the past 20 years, but recent developments raise significant concerns about whether Mexico is living up to its Nafta and World Trade Organization (WTO) commitments on steel trade.
For the past several years, Mexican and Turkish steel producers have been dumping increasing volumes of rebar into the U.S. market, causing severe injury to the U.S. rebar industry and its workers. Consistent with Nafta and WTO rules, the U.S. industry filed a trade case in response to this unfair trade.....
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