Mexican government announces measures to mandate public projects to utilize local steel, in response to US tariffs

The Mexican government's decision to mandate the use of local steel in public projects is a direct response to US tariffs, highlighting protectionist measures that could shape regional trade dynamics.

Newsquawk StaffPublished 29 Apr 2026, 14:20 UTCOn the live feed at 14:00 UTC — 7 more headlines followed before this page went public

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14:06

Chinese diplomat says if proposals are not changed, China will have to take countermeasures against the EU and the bloc's companies

14:06

Newsquawk European Market Wrap - 29th April 2026

14:00

Mexican government announces measures to mandate public projects to utilize local steel, in response to US tariffs

13:59

US EQUITY OPEN: Indices see downside bias as risk-events await, namely FOMC and 4 Mag-7 earnings

13:53

UK Manchester Mayor Burnham says he does not rule out seeking to become an MP again

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This could potentially support domestic steel prices by increasing demand, while also impacting broader commodity markets as traders adjust for the implications of reduced imports and potential retaliatory measures. Watch for shifts in steel stocks and currency movement as this develops.

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