Mexico slaps 50% tariff on corn imports amid trade dispute with US and Canada | The Associated Press

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Mexico slaps 50% tariff on corn imports amid trade dispute with US and Canada | The Associated Press
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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. Know more:

Mexican President Andres Manuel Lopez Obrador speaks during his regularly scheduled morning press conference at the National Palace in Mexico City on Feb. 28, 2023. Mexico has imposed a 50% tariff on white corn imports, a move the Mexican president says is intended to boost national production and prevent imports of genetically modified corn.

White corn was among the basic foods that were exempted from tariffs earlier this year in an attempt by the Mexican government to control inflation. But according to the decree, the decision “has not generated a significant impact on the decrease in prices in the national market, so it’s considered appropriate to eliminate it.”Mexico imports some white corn—the kind used for human consumption—mainly from the United States and South Africa.

Both the United States and Canada have said that Mexico’s fear of the dangers of genetically modified corn is “not grounded in science.”

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