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Agricultural News


USMEF Hopeful USMCA Ratification Happens Soon as Mexico, Canada Lift Retaliatory Tariffs on US

Mon, 20 May 2019 14:10:11 CDT

USMEF Hopeful USMCA Ratification Happens Soon as Mexico, Canada Lift Retaliatory Tariffs on US Today the Mexican government published the official notice removing Mexico’s retaliatory duties on U.S. pork, and Canada’s Department of Finance announced that Canada will immediately eliminate the 10% tariff Canada imposed on prepared beef items imported from the United States.


U.S. Meat Export Federation President and CEO Dan Halstrom issued this statement:


Restoring duty-free access to the Mexican and Canadian markets is a tremendous breakthrough for the U.S. red meat industry. USMEF thanks President Trump and Ambassador Robert Lighthizer for reaching an agreement with Mexico and Canada on steel and aluminum tariffs and in turn Mexico and Canada’s lifting of the retaliatory duties on U.S. red meat. This also removes a significant obstacle for the U.S.-Mexico-Canada Agreement (USMCA), and USMEF is hopeful that all three countries ratify USMCA as soon as possible.


Source - USMEF



   

 

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