The benefited products are corn oil, rice, tuna, pork, chicken meat, beef, onion, jalapeño pepper, beans, corn flour, wheat flour, egg, toilet soap, tomato, milk, lemon , white corn, apple, orange, box bread, potato, pasta for soup, sardine, sorghum, wheat and carrot.
In addition to live animals of the bovine, porcine, ovine or caprine species, roosters and chickens.
The Mexican government’s plan will benefit food producing and exporting countries that do not necessarily have a trade agreement with the country.
Among the nations with which there is no trade agreement and which are important producers of food and inputs are Brazil, Argentina, South Africa and China, just to name a few examples.
Mexico has Free Trade Agreements (FTA) with almost 50 countries, and whose products enter free of tariffs.
Not charging tariffs on imports will be beneficial both for the final consumer and for those who use these products as inputs to offer a product or service.
“It is a recognition that the country’s foreign trade is important and serves as an important tool to regulate the economy,” said Juan Carlos Baker, an academic at the Universidad Panamericana (UP).
