Summary of USMEF’s Impact Report on Mexico’s Retaliatory Duties on U.S. Pork
In response to the U.S. implementation of Section 232 tariffs on steel and aluminum, Mexico has imposed new duties on imports of U.S. pork. On June 5, tariffs on chilled and frozen pork cuts were increased from zero to 10 percent. Effective July 5, 2018, the rate will increase to 20 percent. Mexico also applied a 15 percent duty to pork-only sausages and a 20 percent duty to some cooked ham and shoulder products.
By increasing the tariff on U.S. chilled/frozen pork cuts to 20 percent, Mexico has effectively eliminated the NAFTA benefit, and the tariff on U.S. pork cuts is now at most favored nation (MFN) levels. The new tariffs are not expected to be lifted until the U.S. rescinds the steel and aluminum tariffs.
To minimize the impact on pork prices and encourage imports from non-U.S. suppliers, Mexico has established a duty...
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