Path: bloom-picayune.mit.edu!snorkelwacker.mit.edu!americast.com!americast.com!americast-post Newsgroups: americast.latimes.money From: americast-post@AmeriCast.Com Organization: American Cybercasting Approved: americast-post@AmeriCast.com Subject: OTHER NEWS Date: Fri, 13 Nov 92 06:18:51 EST Message-ID: HEADLINE: OTHER NEWS Publication Date: Thursday November 12, 1992 BYLINE: Mexico Increases Tariffs on U.S. Beef: Mexico imposed tariffs on U.S. cattle and beef imports, infuriating American ranchers already nervous about the proposed North American Free Trade Agreement. The tariffs, higher than existing U.S. tariffs on Mexican meat, took effect Tuesday. They would be eliminated if Congress ratifies the free trade pact negotiated by the Bush Administration this year. Mexican ranchers pushed for the tariff because of their country's high feed costs and the fact that beef imports are rising. The tariffs are 15% on live cattle, 20% on fresh beef and 25% on frozen beef. U.S. tariffs range from 1.2% on Mexican cattle to 10% on beef. This article is copyright 1992 The Los Angeles Times Home Edition. Redistribution to other sites is not permitted except by arrangement with American Cybercasting Corporation. For more information, send-email to usa@AmeriCast.COM