"Mexico will impose a 20 percent tariff on U.S. pork imports, two industry officials with direct knowledge of the plan told Reuters on Monday, for the first time providing details of the country’s retaliatory measures to U.S. President Donald Trump’s tariffs on steel and aluminum.
Last week, Mexico said the retaliatory tariffs would apply to pork legs and shoulders from U.S. suppliers, which account for about 90 percent of the country’s $1.07 billion annual imports of the cuts.
“It’s a 20 percent (tariff) on legs and shoulders, fresh and frozen ... with bones and without bones,” said Heriberto Hernandez, president of Mexico’s leading pork producers association OPORPA, following a briefing earlier on Monday with Economy Minister Ildefonso Guajardo and his team.
The government has not yet given details of the level of the tariff and did not immediately respond to a request for a comment about the tariff or the meeting."
https://www.reuters.com/article/us-usa-trade-mexico-pork-exclusive/exclusive-mexico-set-to-impose-20-percent-tariff-on-u-s-pork-legs-sources-idUSKCN1J103V?utm_medium=Social&utm_source=twitter
Last week, Mexico said the retaliatory tariffs would apply to pork legs and shoulders from U.S. suppliers, which account for about 90 percent of the country’s $1.07 billion annual imports of the cuts.
“It’s a 20 percent (tariff) on legs and shoulders, fresh and frozen ... with bones and without bones,” said Heriberto Hernandez, president of Mexico’s leading pork producers association OPORPA, following a briefing earlier on Monday with Economy Minister Ildefonso Guajardo and his team.
The government has not yet given details of the level of the tariff and did not immediately respond to a request for a comment about the tariff or the meeting."
https://www.reuters.com/article/us-usa-trade-mexico-pork-exclusive/exclusive-mexico-set-to-impose-20-percent-tariff-on-u-s-pork-legs-sources-idUSKCN1J103V?utm_medium=Social&utm_source=twitter