Mexico on Saturday began imposing a 50% tariff on white corn imports, a move the president says looks to boost national production and prevent imports of genetically modified corn.
The measure, published late Friday in the Mexican government’s official gazette, will be in force until the end of the year and occurs amid a trade dispute between Mexico and its North American trade partners, Canada and the United States, over genetically modified corn.
Mexico wants to restrict GM white corn for human consumption and eventually also veto GM yellow corn for animal feed. The U.S. and Canada say that would harm trade in the region. Mexico has been importing GM feed corn from the U.S. for years, buying about $3 billion worth annually. Earlier this month, Canada said it would join a trade dispute panel that the United States requested over Mexico’s proposed limits on imports of genetically modified corn. The U.S. government asked that the dispute process be formally opened June 2, after talks with the Mexican government failed to yield results.
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