The Official Journal of the Mexican Federation published a decree amending the tariff rates in the Law of General Taxes on Importation and Exportation affecting several products, including pork and pork products, on Wednesday 10 December.
The Porcine Epidemic Diarrhoea outbreak that began in 2013 has caused the pig population to decrease and, as a result, pork prices have recently risen to record highs. Therefore, due to the lack of domestic pork production to meet the domestic consumption needs (according to information released by the Agrifood and Fisheries Information Service, 33% of domestic pork consumption is dependent on imports), the Government has decided, in the consumers' interest, to establish a tariff-rate quota for imports, helping thereby to stabilize the market.
No tariffs will be imposed on imports of carcasses or half carcasses, hams, shoulders and on-the-bone cuts.
Wednesday, December 10, 2014 / DOF / Mexico.