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Friday, June 22, 2018

Mexico Slaps Tariffs on US Steel, Agricultural Products

Maritime Activity Reports, Inc.

June 5, 2018

© Omaly Darcia / Adobe Stock photo

© Omaly Darcia / Adobe Stock photo

Mexico will impose tariffs of 15 percent to 25 percent on U.S. steel products and on some agricultural goods, the Mexican economy ministry said on Tuesday, after pledging to retaliate against U.S. President Donald Trump's metals tariffs.

The ministry published a list of new tariffs in the government's official gazette, which included a 20 percent tariff on U.S. pork imports, apples and potatoes and 20 to 25 percent rates on types of cheeses and bourbon.

The ministry also said it was opening a 350,000 tonne tariff-free quota for imports of pork legs and shoulders from other countries.


(Reporting by Michael O'Boyle Editing by Chizu Nomiyama)

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