Mexico has placed a 50 percent tariff imports of white corn. a move that could aggravate trade tensions with the United States.
In a call with reporters on Monday, Ag Secretary Tom Vilsack said the US will continue to follow the trade dispute settlement process under the Unites States-Mexico-Canada Agreement that was filed because of a ban on biotech corn. “We expect and anticipate that our response to any and all activities by the Mexican government is to continue to pursue an ultimate determination under USMCA that the actions taken by the Mexican government were not appropriate.”
Mexico’s president says the decision was made to help control inflation and boost domestic production and be in place until the end of the year.
Mexico slaps 50 percent tariffs on white corn imports
