Mexico’s plan to ban all genetically modified corn imports has upset U.S. corn farmers, trade groups and officials. The two nations are in talks and have until April 7 to resolve it before the U.S. can take action under the free trade agreement between North American countries.
The U.S. and Mexico are drawing closer to a potential standoff over Mexico’s plan to gradually ban imports of genetically modified corn.
Mexico is one of the top markets for U.S. corn, importing nearly $5 billion worth of U.S. corn in 2022. At the same time, most corn grown in the U.S. is genetically modified.
The nations have until April 7 to resolve the dispute or the U.S. could file a formal complaint under the USMCA, the free trade agreement between North American countries.