# Mexico: Mexico Applies Tariffs in Retaliation to Section 232 | USDA Foreign Agricultural Service

> USDA's FAS attaché report says Mexico has applied tariffs on $3.6 billion of US agricultural products in response to Section 232 steel and aluminum tariffs, effective immediately. Mexico also opened a 350,000 MT duty-free quota for fresh pork from non-US sources.

- Date: 2018-06-08 · published 2018-06-08T12:00:00.000Z
- Category: trade · region Mexico · magnitude high
- Page: https://feedsoft.ai/events/64510-mexico-mexico-applies-tariffs-in-retaliation-to-section-232-usda-foreign
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Tariffs on $3.6 billion of US farm goods cut US export demand, and the pork quota for non-US supply further shifts Mexican pork imports away from US hog producers, which is bearish for US hog prices.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2018-06-22 | [China's Retaliation to Trump's Tariffs \| PIIE](https://feedsoft.ai/events/64584-china-s-retaliation-to-trump-s-tariffs-piie.md) | -0.2% | -12.9% |
| HOGS | 2025-03-04 | [Grain Markets Sink on Tariff Retaliation: How Long Will It Take To Price It In?](https://feedsoft.ai/events/12568-grain-markets-sink-on-tariff-retaliation-how-long-will-it-take-to-price-it-in.md) | +2.5% | +1.6% |
| HOGS | 2018-06-15 | [China announces retaliatory tariffs on $34 billion worth of US goods, including agriculture products](https://feedsoft.ai/events/64398-china-announces-retaliatory-tariffs-on-34-billion-worth-of-us-goods-including.md) | +2.3% | -0.3% |
| HOGS | 2018-06-29 | [USDA supply/demand forecast could factor in Mexico, China tariffs - The Business Times](https://feedsoft.ai/events/64550-usda-supply-demand-forecast-could-factor-in-mexico-china-tariffs-the-business.md) | -0.6% | -16.6% |
| HOGS | 2018-06-05 | [Mexico Hits U.S. Steel And Farm Products With Tariffs, Retaliating For Trump Move : The Two-Way : NPR](https://feedsoft.ai/events/64509-mexico-hits-u-s-steel-and-farm-products-with-tariffs-retaliating-for-trump-move.md) | +3.9% | +9.8% |

## Sources

- fas.usda.gov: https://www.fas.usda.gov/data/mexico-mexico-applies-tariffs-retaliation-section-232

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.