U.S. pork is currently on three trade retaliation lists. NPPC continues to urge the administration to remove tariffs on Mexican steel and aluminum imports so Mexico will lift its 20% retaliatory tariff on U.S. pork.
Talks on renegotiating the North American Free Trade Agreement (NAFTA) continued for the third straight week last week, as representatives from the U.S., Canada and Mexico pushed to finalize an updated deal.
In yet another surprise announcement, the administration has put tariffs on steel and aluminum from some of its most important trading partners. As a result, Mexico is threatening to retaliate against U.S. pork.