Mexican Minister Warns Of 'Violent' Reaction If China Does Not Trim Steel Capacity

Mexican Economy Secretary Ildefonso Guajardo said on April 1 that the United States, Canada, Mexico and European Union should develop a coordinated strategy for pressuring China to reduce its steel overcapacity at an April 18 high-level meeting in Brussels, and argued they should react “violently” by imposing tariffs or other trade measures if Beijing fails to cut back production. “It makes full sense that we get together, and we are going to get together in Brussels, to try to give...