On Tuesday, June 5 the Mexican government published a list of American goods that will now face tariffs in retaliation for recently imposed U.S. tariffs on steel and aluminum. Mexico’s Economy Ministry estimates the value of the tariffs to be around $3 billion annually, or nearly 1.5% of U.S.-Mexico trade. These tariffs will remain in place for as long as the U.S. continues to charge duties for Mexican steel and aluminum, and the list may be modified to include more products. Mexico is also currently in the process of filing a complaint against the U.S. at the World Trade Organization.
The list contains agricultural products such as apples, cranberries, and pork, which will now face 20 percent tariffs at the Mexican border. In addition, other products such as bourbon and cheese will face a 25 percent tariff.
The full list of products facing Mexican retaliatory tariffs can be found here.
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