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Video 21:22, 19-Feb-2025
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Mexican expert: Tariffs on Mexican steel will have long-term economic impact

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Pablo Calderon Martinez, associate professor of politics and international relations at Northeastern University in the U.S., warns that the U.S. decision to impose tariffs on Mexican steel could have significant long-term effects on both Mexico's economy and the global market. While Mexico exports processed steel products essential for construction, the tariffs are expected to drive up steel prices in the U.S., leading to higher construction and housing costs. The U.S. steel industry, already limited by labor shortages, may struggle to meet demand, exacerbating the economic impact.

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