U.S. Trade Representative Katherine Tai has requested dispute settlement consultations with Mexico regarding the country’s biotech corn ban.
Far from ideal (or even clear), Mexico’s has offered a concession that may still mean a violating trade pacts, leading to a trade dispute with Washington.
A stable trading partnership between Mexico and the United States is integral to farmers and economies but Mexico still wants to phase out GM corn by 2024.
A 2020 decree by Mexico’s President Andres Manual Lopez Obrador is set to phase out GM corn and glyphosate by 2024 — just 14 short months away. U.S. farmers have been urging the government to challenge the ban — saying that economic damage to both countries could be devastating.
When the numbers are crunched, the results will surprise you.