Trucking Dispute: New Mexican Tariffs Force More U.S. Goods to ‘Hit the Brakes’
James M. Roberts /
Revving up its trade dispute with the Obama Administration over trucking, on August 16 the Mexican government announced revisions to the list of U.S. goods subject to tariffs when they are imported into Mexico.
Although Mexico will remove 16 U.S. products from the list of 89 that are currently subject to tariffs, 26 will be added for a net gain of 10. Among the new targets: U.S.-produced pork, oranges, grapefruit, apples, corn, pistachios, chewing gum, cheese, ketchup, and chocolate. The new tariffs will affect as much as $2.5 billion in annual sales by U.S. companies in 40 states. (more…)