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Mexico will respond to the US if they apply tariffs on agricultural products

The Government of Mexico has determined that, if the US applies tariffs on different Mexican agricultural products, which would include strawberries, blueberries, and peppers, it will respond by applying a mirror policy against products of United States origin. Bosco de la Vega, the president of the National Agricultural Council (CNA), confirmed that they were already meeting to analyze which products Mexico would impose tariffs on.

He also said that in the next 90 days there would be consultations between officials from the United States and Mexico to analyze concerns on this subject.

It should be noted that last Tuesday, the United States Trade Representation (USTR), the Department of Agriculture, and the Department of Commerce released a report that describes President Trump's plan to address the threat that increased imports of seasonal and perishable fruits and vegetables pose for US producers of these products.

In this regard, De la Vega said the measure that the United States intends to impose would affect Mexico and other countries. “The measure will affect everyone; in the case of blueberry, the leading exporter to the United States is Peru with 39%, followed by Chile with 25%, and then by Mexico. In the case of strawberries, Mexico is the leading supplier, just like in the case of bell pepper - which we did not expect would be taxed.

In the first half of this year, US blueberry imports amounted to 497 million dollars (49.3% of which came from Mexico); strawberry imports totaled 608 million dollars (99.3% of which came Mexico), and pepper imports amounted to 800 million dollars (79.8% of which came from Mexico).

 

Source: eleconomista.com.mx 


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