'Deteriorating health' prompts David Koch's retirement from roles at Koch Industries

Alicia Cross
June 6, 2018

Other measures Mexico imposed include 20-25% tariffs on cheese and bourbon and duties of up to 25% on steel products.

Mexico imports so much USA pork - almost one-third of what's consumed - that the government says it will waive tariffs on up to 350,000 tons of pork imported from other nations to avoid destabilizing the market.

Trade analysts said they were skeptical that Canada and Mexico, angry that the USA has slapped tariffs on their steel and aluminum, would be drawn into one-on-one negotiations to appease Washington.

Regardless of disagreements between G7 countries on trade issues, Canadian officials said all of the G7 governments have expressed support for Canada's overarching theme of gender equality and women's empowerment.

"It would be very hard for Mexican pork prices to stay the same", Ochoa added, if imported USA pork prices spike as a result of the tariffs.

Economy Minister Ildefonso Guajardo said last week in a televised interview that some targeted goods come from USA districts that have key lawmakers who have been pointing out to the Trump administration the need to be careful in handling such trade decisions.

Washington's apple growers are looking for new markets to make up for the expected loss of business after Mexico, their biggest customer, imposed tariffs on purchases, a top trade official said.

Trump wrote in a series of tweets that his trade negotiations with China and a slew of USA allies would break down large trade barriers faced by American farmers.

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"The Trump administration has taken some incredibly positive steps for the American economy, but tariffs will undercut that progress and needlessly hamstring our full economic potential", said Tim Phillips, president of Americans for Prosperity, a Koch advocacy group.

"AFP-Kansas Foundation wishes David and his family well", Jeff Glendening, AFP Foundation Kansas state director, said in an e-mail to the Eagle.

Piglets are pictured in a production module at the pig farm Granjas Carrol de Mexico (GCM), in Cuyoaco, Puebla state, Mexico August 4, 2017. China is looking to up its import of USA goods as a way to offset that trade imbalance.

"Canada is as abused as the U.S.is and it's about time someone stood up for the Canadians also".

But the question of tariffs - as well as the US decision to pull out of a deal created to curb Iran's nuclear ambitions - is what most G7 members want to sort out.

The US last week said it's levying the new metals duties on imports from the nations and the European Union on national security grounds, ending their temporary exemptions.

David Koch has been a vocal booster of free-market initiatives such as eliminating trade barriers between countries. "We will work aggressively to educate policymakers and others about the facts", said James Davis, executive vice president of Freedom Partners. "But we must understand that a Norway model is specifically created to serve the interests of Norway and would not work for the United Kingdom".

"It's a 20 percent (tariff) on legs and shoulders, fresh and frozen. with bones and without bones", said Heriberto Hernandez, president of Mexico's leading pork producers association OPORPA, following a briefing earlier on Monday with Economy Minister Ildefonso Guajardo and his team.

Other reports by Free-Prsite

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