USMEF, NCBA Applaud Mexico's Elimination Of Anti-dumping Duties

In a decision announced today, Mexico’s Ministry of the Economy has eliminated anti-dumping duties that have been imposed on imports of U.S. beef for the past ten years. The Ministry's resolution goes into effect tomorrow (Aug. 11, 2010) and eliminates the duties effective April 29, 2010. U.S. beef arriving at Mexico's border starting tomorrow should enter the market duty-free. Companies that have paid duties since April 29 are entitled to a refund of all duties paid. The U.S. beef industry has been seeking resolution of this issue for many years. With full support from the U.S. Department of Agriculture, the National Cattlemen’s Beef Association (NCBA) and the U.S. Meat Export Federation (USMEF) have led a coalition of U.S. beef industry interests seeking elimination of the duties, which ranged from 3 cents to 29 cents per pound. The duties applied to about half of U.S. beef production, which steared some U.S. companies away from Mexico's market...more