USMEF: Retaliatory Duties Imposed on Certain Products Remain in Place, For Now, Under USMCA
On Sept. 30, U.S. Trade Representative Robert Lighthizer and Canadian Foreign Affairs Minister Chrystia Freeland announced that the U.S. and Canada, along with Mexico, had reached an agreement in principle on a modernized trade agreement.
In response to the announcement, U.S. Meat Export Federation (USMEF) President and CEO Dan Halstrom issued the following statement:
According to the Office of the U.S. Trade Representative (USTR), all food and agricultural products that have zero tariffs under NAFTA will remain at zero tariffs under the new U.S.-Mexico-Canada Agreement. While this is very positive news for the U.S. red meat industry, it is important to note that the retaliatory duties imposed by Mexico on U.S. pork and by Canada on U.S. prepared/cooked beef products remain in place. These duties were...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.