Connect with us

Latest

News

America

Mexico is considering heavy tariffs on US corn and soy

These are goods which are primarily grown in states that voted overwhelmingly for Donald Trump in the 2016 presidential election

Published

on

734 Views

While staring down the barrel of potential tariffs on autos being levied by the Trump administration, the Mexicans are considering their options.

One of those happens to be a retaliatory tariff on American grown soybeans and corn.

Mexico has been researching other suppliers from which to purchase these goods as well in order to dampen any negative impact on the Mexican economy that these tariffs might pose.

Interestingly enough, these are goods which are primarily grown in states that voted overwhelmingly for Donald Trump in the 2016 presidential election, so that they will first hand experience the outcome of Trump’s trade policies should the trade war continue on its path of escalation.

Gulf Times reports:

Mexico could strike at $4bn in annual imports of US corn and soybeans if President Donald Trump escalates a trade spat with new tariffs, officials said this week, and it is studying how to reduce the pain of such a move.

Earlier this month, Mexico swiftly retaliated when Trump imposed metals tariffs, hitting dozens of American imports including steel and apples. But it held back from the most lucrative class of US farm products: grains, especially feed corn and soybeans, used to fatten Mexico’s cattle.

Imposing such tariffs would be a last-ditch option hitting at US corn farmers’ top export market, and such a move would hurt Mexico’s own industry.

But it has already been increasing its imports of grains from suppliers like Brazil and Argentina that could enable it to lessen the impact.

“This issue is one for phase two,” said Bosco de la Vega, who heads Mexico’s main agricultural lobby, the National Farm Council.

He said tariffs on grains were discussed at a June 4 meeting he attended at Mexico’s economy ministry, which is in charge of trade. Economy Minister Ildefonso Guajardo was present at the meeting, he said.

“Intentionally, it was left for a major crisis phase,” said de la Vega. He said any move against grains would aim at the US corn belt, mentioning states such as Missouri, Kansas, Iowa and Nebraska, all of which voted for Trump in the 2016 election.

Raul Urteaga, director of international trade for Mexico’s agriculture ministry, said Mexico “right now” was not targeting US grains, but declined to rule out such a move in the future and said Mexico was looking for alternative suppliers.

An official with Mexico’s economy ministry would not say whether or not officials were studying duties on US grains, and referred back to the retaliatory tariffs announced earlier this month.

The decision not to impose the measure during that retaliation was taken to retain options at the negotiating table as trade talks continue and to avoid hurting the Mexican consumer with higher prices, a trade source familiar with the matter said.

High on Mexico’s list of worries is Trump’s decision to launch a national security investigation into tariffs on auto imports, which could hammer Mexico’s $67bn auto industry.

“That’s why we’re preparing,” de la Vega said.

Urteaga, one of Mexico’s original North American Free Trade Agreement negotiators in the early 1990s, cited two trade missions he organised along with 17 Mexican grains buyers to Brazil and Argentina last year, aimed squarely at developing substitute US suppliers.

“I want to emphasise that both yellow corn and soybeans represent very interesting areas of opportunity for Argentina and Brazil as alternative suppliers for us,” he said.

Mexico has also been at odds with the Trump administration over the Donald’s immigration policies, his famed border wall, as well as his threats of withdrawing from the North American Free Trade Agreement (NAFTA).

 

 

Liked it? Take a second to support The Duran on Patreon!
Advertisement
2 Comments

2
Leave a Reply

avatar
2 Comment threads
0 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
2 Comment authors
RonaldAlexander Paulsen Recent comment authors
  Subscribe  
newest oldest most voted
Notify of
Ronald
Guest
Ronald

Mexico is the original home of corn, and seeing how much of a danger GMO corn was to the native crops has banned the growth of all GMO crops. After the Japanese government did studies, they banned not only the growth of GMO crops, but also beef fed GMO corn as in the US and Canada. So banning US corn and soya ( both GMO in the US), becomes another way to protect the health of the Mexican people.

Alexander Paulsen
Guest
Alexander Paulsen

Mexico needs a total moratorium on US corn and soy, it is all toxic GMO.

Latest

James Woods Suspended From Twitter Over Satirical Meme That Could “Impact An Election”

James Woods crushes Jack Dorsey: “You are a coward, @Jack.”

Alex Christoforou

Published

on

Via Zerohedge


Outspoken conservative actor James Woods was suspended from posting to Twitter over a two-month-old satirical meme which very clearly parodies a Democratic advertisement campaign. While the actor’s tweets are still visible, he is unable to post new content.

The offending tweet from July 20, features three millennial-aged men with “nu-male smiles” and text that reads “We’re making a Woman’s Vote Worth more by staying home.” Above it, Woods writes “Pretty scary that there is a distinct possibility this could be real. Not likely, but in this day and age of absolute liberal insanity, it is at least possible.”

According to screenshots provided by an associate of Woods’, Twitter directed the actor to delete the post on the grounds that it contained “text and imagery that has the potential to be misleading in a way that could impact an election.

In other words, James Woods, who has approximately 1.72 million followers, was suspended because liberals who don’t identify as women might actually take the meme seriously and not vote. 

In a statement released through associate Sara Miller, Woods said “You are a coward, @Jack,” referring to Twitter CEO Jack Dorsey. “There is no free speech for Conservatives on @Twitter.

Earlier this month, Woods opined on the mass-platform ban of Alex Jones, tweeting: ““I’ve never read Alex Jones nor watched any of his video presence on the internet. A friend told me he was an extremist. Believe me that I know nothing about him. That said, I think banning him from the internet is a slippery slope. This is the beginning of real fascism. Trust me.”

Nu-males everywhere non-threateningly smirk at Woods’ bad fortune…

Liked it? Take a second to support The Duran on Patreon!
Continue Reading

Latest

Another witness named by Ford becomes third person to deny being at party

A woman believed to have been one of five people at a party 35 years ago where Ford claims she was assaulted by Kavanaugh is now the fourth person to deny being at any such party.

The Duran

Published

on

Via The Washington Examiner


A witness, reportedly named by Christine Blasey Ford as one of the people at the high school party where Supreme Court nominee Brett Kavanaugh allegedly sexually assaulted her, told the Senate Judiciary Committee on Saturday she was not there.

The attorney for Leland Ingham Keyser told the Senate Judiciary Committee that Keyser does not remember being at the party Ford described as the location of the alleged assault.

“Ms. Keyser does not know Mr. Kavanaugh and she has no recollection of ever being at a party or gathering where he was present, with, or without, Dr. Ford,” Keyser said in the statement. CNN reported Keyser is a lifelong friend of Ford’s.

Keyser, whom the New York Times reported is one of the people Ford named as being in attendance at the party, is the third witness who has denied knowing about the alleged assault. Mark Judge and Patrick Smyth said earlier this week they did not remember the party in question.

Kavanaugh has denied Ford’s allegation.

The news comes after Ford, through her attorneys, tentatively agreed to testify on Thursday, after days of negotiations over the timing and conditions of her

Committee chairman Sen. Chuck Grassley, R-Iowa, had repeatedly extended deadlines set for Ford’s team on the decision, including three on Friday and one at 2:30 p.m. Saturday. Grassley threatened to proceed with a committee vote on Kavanaugh’s nomination Monday if he did not hear from Ford.

“Five times now we [have] granted extension for Dr Ford to decide if she wants to proceed [with] her desire stated one [week] ago that she wants to tell senate her story,” Grassley tweeted Friday. “Dr Ford if u changed ur mind say so so we can move on I want to hear ur testimony. Come to us or we to u.”

The extended discussions have been labeled a delaying tactic by some Republicans.

Ford’s attorneys and Grassley’s aides will reportedly continue negotiations Sunday on the details of the conditions of Ford’s testimony, per the New York Times.

Liked it? Take a second to support The Duran on Patreon!
Continue Reading

Latest

Was NYT Story About Rosenstein ‘Coup Attempt’ A Setup?

The New York Times is reporting that Rod Rosenstein pushed a plan to record President Trump and invoke the 25th Amendment to remove Trump from office.

Published

on

Via Zerohedge


Is the FBI trying to goad President Trump into firing the man in charge of supervising the Mueller probe? That’s what Sean Hannity and a handful of  Trump’s Congressional allies think.

According to a report in Politico, Republicans in Congress are approaching a story about Deputy Attorney General Rod Rosenstein attempting to organize a palace coup with extreme caution, despite having twice nearly gathered the votes to remove him in the recent past.

On Friday, the NYT reported a bombshell story alleging that Rosenstein had tried to recruit administration officials to secretly tape conversations with the president in order to help justify removing Trump under the 25th amendment. Rosenstein vehemently denied the story, which was largely based on confidential memos written by former Deputy FBI Director Andrew McCabe. And others who were reportedly in attendance at meeting between McCabe and Rosenstein said the Deputy AG was being “sarcastic” when he suggested that the president be taped.

Meanwhile, Trump allies including Ohio Congressman Jim Jordan and Florida Congressman Matt Gaetz are saying that the story should be treated with suspicion. Jordan and Freedom Caucus leader Mark Meadows once filed articles of impeachment against Rosenstein. But now, both Meadows and Jordan intend to proceed with caution, telling Politico that he would like to see the memos that the story was based on.

House Freedom Caucus leaders Mark Meadows and Jim Jordan, who led a charge to impeach Rosenstein this summer, have said they want to hear from Rosenstein and see documents allegedly describing the comments before they decide what to do.That’s awarded Rosenstein a courtesy they’ve never given him in the past.

“I think Rod needs to come before Congress this week and explain under oath what exactly he said and didn’t say,” Meadows said at the Values Voters Summit Saturday.

The newfound hesitation to oust Rosenstein highlights a cautious approach Trump allies have adopted as the Republican party barrels toward a potential bloodbath in the midterms. Some Republicans fear Trump firing Rosenstein now would only further energize Democrats making the case to voters that the president is corrupt and needs to be reined in by a Democratic House.

[…]

In a Friday interview, Jordan, one of Rosenstein’s fiercest critics in Congress, sidestepped questions about whether the House should revisit Rosenstein’s impeachment or try to hold him in contempt of Congress. Rather, he said, a more focused push to obtain sensitive documents from the Justice Department — which Trump’s allies say would expose anti-Trump bias and corruption the FBI — is the most urgent priority.

“I want to see those memos and evaluate them,” said Jordan, who has clashed publicly with Rosenstein over access to documents and accused him of threatening House Intelligence Committee staffers, an allegation Rosenstein denied.

Politico cites two possible explanations for lawmakers’ hesitation: Republicans are running out of time before members devote themselves full-time to their reelection campaigns. Republicans are worried that the story could have been intentionally planted to provoke Rosenstein’s firing in order to improve Democrats’ chances of retaking the Senate AND the House (Trump actively moving to crush the Mueller probe would be quite the propaganda win for the Dems).

Sean Hannity took this latter theory a step further during his show on Friday evening, where he urged Trump not to fire Rosie and instead insisted that the story could have been a “trap”. He added that he had been told by “multiple sources” that the story was planted by unspecified “enemies of Trump.”

“I have a message for the president tonight,” Hannity said Friday night. “Under zero circumstances should the president fire anybody…the president needs to know it is all a setup.”

Still, a handful of conservative commentators, including Laura Ingraham, urged Trump to fire Rosenstein immediately. And for Trump’s part, he hinted at a rally Friday night in Missouri that he planned to “get rid” of the “lingering stench” at the DOJ, which many interpreted as a hint that his firing is imminent.

Liked it? Take a second to support The Duran on Patreon!
Continue Reading

JOIN OUR YOUTUBE CHANNEL

Your donations make all the difference. Together we can expose fake news lies and deliver truth.

Amount to donate in USD$:

5 100

Validating payment information...
Waiting for PayPal...
Validating payment information...
Waiting for PayPal...
Advertisement

Advertisement

Quick Donate

The Duran
EURO
DONATE
Donate a quick 10 spot!
Advertisement
Advertisement

Advertisement

The Duran Newsletter

Trending