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On October 21, 2011, the Secretariat of Economy (SE) published in the Diario Oficial (Federal Register) an announcement revoking the retaliatory import tariffs on 99 U.S. agricultural and industrial products, including pork.
This elimination of tariffs was the second step in the cancelation of tariffs after signing a bilateral memorandum of understanding on July 6, 2011. The value of goods affected in the first seven months of 2011 exceeds $787 million and the value of these goods in 2010 was in excess of $1.5 billion.
"America's pork producers are very pleased that the United States issued the first Mexican trucking permit, which has led today to the Mexican government removing the remaining retaliatory tariffs on our products," said NPPC President Doug Wolf, a producer from Lancaster, Wis. "Mexico is a very important market for the U.S. pork industry and for many other sectors. More than 6 million U.S. jobs depend on trade with Mexico."
Mexico is the second largest market for the U.S. pork industry, which shipped $986 million of pork south of the border in 2010. Since 1993 - the year before NAFTA was implemented - U.S. pork exports to Mexico have increased by 780 percent.
Monday October 24, 2011/ FAS-USDA/ USA.
http://gain.fas.usda.gov
Monday October 24, 2011/ USAgnet/ USA.
http://www.usagnet.com
