USTR Takes Measured Approach On Nicaragua
The US Trade Representative recently announced that the US will impose tariffs on all imported Nicaraguan goods that are not originating under the Dominican Republic-Central America-United States Free Trade Agreement, due to a Section 301 investigation of Nicaragua's labor practices. The tariff will initially be set at zero, but is set to increase to 10% in 2027 and to 15% in 2028. It's a measured approach that won't interrupt trade with a growing market for US pork, according to US Meat Export Federation Central America Representative Lucia Ruano...
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