Mexico will slap a 20% tariff on U.S. pork imports in response to the Trump administration's tariffs on steel and aluminum from key U.S. allies, reportsThe Hill.
Mexico serves as the largest export market for U.S. pork by volume.
Mexico's threats have already impacted the pork industry in the U.S., with the concerns over retaliatory moves reportedly costing Iowa pork producers around $560 million.
