AMLO May Go Food Shopping as Mexican Retaliation Raises Retail Risks — Panjiva


AMLO May Go Food Shopping as Mexican Retaliation Raises Retail Risks

Ags - Fruit/Veg 82 Ags - Meat/Dairy 138 Cons. Staples - Food/Beverages 395 Materials - Metals/Mining 482 Metals - Steel 360 Mexico 505 Tariffs 1169 U.S. 3297

The Mexican government will implement retaliatory duties against America’s section 232 metals duties on July 5. It is possible that the AMLO administration may revise the list of products targeted later in 2018 should consumer prices rise significantly. Mexican imports of the consumer goods, which are mostly agricultural, covered (64% of the total) have climbed 7% in the three months to May 31 on a year earlier. One challenge is a high dependence on the U.S. for some of the products, making alternative sourcing difficult. With 19% of the products by value depending on America for 90% of ...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.