Mexico to impose duty on US pigs
MEXICO intends to impose duties on imports of live pigs from the USA, to protect Mexican farmers from a cross-border influx of cheap pork products.
The action is being taken on the back of an investigation which said increases in US exports at dumping-level prices posed a threat to Mexican pig farmers.
Pork imports to Mexico from the USA amounted to $9.8 million (£5.9m) in November last year, against just $819,000 in the same period of 1997.
- US pig market – coverage in FWi World Reports
- Financial Times 02/02/99 page 6 (News Digest)