Due to N.A.F.T.A. Agreement Cancellation
MEXICO - Today Mexico raised tariffs on eighty-nine products from the United States.
That's because President Obama cancelled a N.A.F.T.A. agreement allowing some Mexican trucks to go further into our country.
The tariffs will affect several kinds of produce that are brought into Mexico like onions and potatoes, but tariffs will also go up on Christmas trees, toilet paper, and wine, for example.
Texas is the number one exporting state in the U.S., and its highest importer is Mexico.
Last year, Mexico imported more than sixty-two billion dollars worth of products from Texas alone.
Of the nearly ninety products affected by these higher tariffs, many of them are not top Texas exports which include chemicals, computer equipment, and machinery.
However, it may affect other "top ten exports" like produce, metal, and agricultural products.
Emilio Santos is a wine exporter. He says these tariffs will have a dramatic effect on his business.
"They will affect the exportation of this wine. We're still exporting wine from Chile or wine from Europe, but the American wine will be affected," Mr. Santos explains.
This is not the first problem with N.A.F.T.A. agreements between the United States and Mexico.
In January 2008, Mexican farmers were outraged by one agreement that gave U.S. farmers subsidies for selling produce in Mexico, allowing them to sell their products for far less than Mexican farmers.
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