US demands formal talks with Mexico over GM corn dispute
Maize (Corn)
Mexico
United States
Published Mar 7, 2023
Tridge summary
The United States on Monday requested formal trade consultations with Mexico over U.S. objections to its southern neighbor's plans to limit imports of genetically modified corn and other genetically modified agricultural products. The US Trade Representative's office announced the request for technical talks after months of informal discussions with Mexican officials over their plans to ban GM corn for human consumption that have not satisfied US trade officials. The consultations are the first formal step towards a US request for a dispute settlement panel under the US-Mexico-Canada Trade Agreement (USMCA), which could lead to retaliatory US tariffs if no resolution is reached. The dispute could further damage US-Mexico relations.
Original content
By Cassandra Garrison and David Lawder CHICAGO/WASHINGTON (Reuters) - US officials say this jeopardizes an estimated $5 billion worth of US corn exports to Mexico and could stifle biotech innovation at a time of high food inflation as increasingly severe weather threatens the Agricultural production. "Mexico's policies threaten to disrupt billions of dollars in agricultural trade and will stifle the innovation needed to address the climate crisis and food security challenges if not addressed," U.S. Trade Representative Katherine Tai said in a statement. "We hope these consultations will be productive as we continue to work with Mexico to ...
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