Mexico is turning to the European Union and Latin America to offset any
potential declines in U.S. pork imports. Mexico recently announced a 20
percent tariff on U.S. pork shoulders and legs starting next month in
response to steel and aluminum tariffs placed on Mexico by the Trump
administration. Mexican officials told Politico the nation will allow
350,000 tons of pork from all countries to ensure “that its consumers do
not face shortages.” Experts predict the quota will be quickly filled by
the European Union and Latin America. U.S. pork will still be able to
compete under the quota but is expected to see a sharp loss in sales from
the Mexican tariffs. The United States sent 25 percent of its total pork
exports to Mexico last year. Meanwhile EU Agriculture Commissioner Phil
Hogan said “if Trump does not want to do business, the EU is ready and
willing.”