Pork imports to Mexico expected to continue in spite of tariff
Reuters reports that 20 percent of U.S. pork imports went to Mexico, and it is unlikely that the country could replace it with other sources at competitive shipping rates. As a result, analysts expect a quick resolution of the trade dispute, with the tariff removed, or else they say Mexico will keep buying U.S. pork despite the tariff.
"It is something the trade is confident will be worked out sooner rather than later," said Don Roose, analyst with U.S. Commodities.