Mexican authorities have reduced steel and aluminum imports from China, South Korea and India by about 30%, equivalent to 13 billion pesos, Reuters reports. The government also canceled about 1,100 metal plant registrations, according to Economy Undersecretary Luis Rosando Gutierrez. Tighter controls are aimed at preventing re-exports of metals to the United States while circumventing trade agreements and should help Mexico City get Washington to ease tariffs.

Mexican authorities have reduced steel and aluminum imports from China, South Korea and India by about 30%, equivalent to 13 billion pesos, Reuters reports. The government also canceled about 1,100 metal plant registrations, according to Economy Undersecretary Luis Rosando Gutierrez. Tighter controls are aimed at preventing re-exports of metals to the United States while circumventing trade agreements and should help Mexico City get Washington to ease tariffs.