Mexico Imposes Retaliatory Tariffs on $3 Billion Worth of U.S. Goods

Mexico Imposes Retaliatory Tariffs on $3 Billion Worth of U.S. Goods

Mexico retaliated against the Trump Administration last week by imposing tariffs on about $3 billion worth of American pork, steel, cheese, and other goods, according to the New York Times. This is in response to levies imposed by the Trump administration on steel and aluminum.

This tax war brings to light the increasingly strained relationship between the two countries as they work to rewrite the North American Free Trade Agreement (NAFTA.)

Farmers, who are among those most vulnerable to the Mexican tariffs, said the tariffs would devastate American agriculture.

Read More