Background on the Key Parties Involved
Mexico’s Secretaría de Economía (Ministry of Economy) has initiated an anti-dumping and countervailing investigation into US pork leg and shoulder imports, following complaints from several companies alleging unfair trade practices. This development comes amidst ongoing trade disputes between Mexico and the United States, sparked by former President Donald Trump’s imposition of tariffs on imports from various global partners.
Investigation Details
The investigation will cover imports from 2024 and assess their impact on Mexico’s pork industry from 2022 to 2024, as announced by the Secretaría de Economía in a publication on the Diario Oficial de la Federación (DOF).
According to the text, “The Secretaría may impose definitive compensatory quotas on products declared for consumption up to 90 days before the application of provisional measures.”
Contextualizing Mexico’s Measures
Mexico’s recent actions are part of a broader trade tension between the two nations, exacerbated by Trump’s tariffs on goods from multiple countries. As the US’s primary trading partner, Mexico has been significantly affected by these measures.
In April, following the US Department of Commerce’s announcement to exit a 1996 tomato suspension agreement with Mexico, Mexico City’s mayor Claudia Sheinbaum warned of two potential anti-dumping investigations targeting US products: chicken and pork. Although it’s unclear if the latest resolution is connected to Sheinbaum’s warning, the investigation into US pork imports indicates Mexico’s determination to address perceived unfair trade practices.
Key Questions and Answers
- What is the investigation about? Mexico’s Secretaría de Economía has started an anti-dumping and countervailing investigation into US pork leg and shoulder imports.
- Who initiated the investigation? Several Mexican companies complained about unfair trade practices, prompting the Secretaría de Economía to launch the investigation.
- What will the investigation cover? The investigation will examine imports from 2024 and assess their impact on Mexico’s pork industry from 2022 to 2024.
- What actions may result from the investigation? The Secretaría de Economía may impose definitive compensatory quotas on affected products.
- Why is Mexico taking these measures? These actions are part of ongoing trade tensions between Mexico and the United States, initiated by former President Donald Trump’s tariffs on various global partners.
