In a recent decision Mexico’s Ministry of the Economy has eliminated anti-dumping duties that have been imposed on imports of U.S. beef for the past ten years. The National Cattlemen’s Beef Association (NCBA) and the U.S. Meat Export Federation (USMEF) are satisfied with this decision.
The Mexican resolution goes into effect immediately and eliminates the duties effective April 29, 2010. U.S. beef arriving at Mexico's border should enter the market duty-free. Companies that have paid duties since April 29 are entitled to a refund of all duties paid.
The U.S. beef industry has been seeking resolution of this issue for many years. With full support from the U.S. Department of Agriculture, the NCBA and the USMEF have led a coalition of U.S. beef industry interests seeking elimination of the duties, which ranged from 3 cents to 29 cents per pound. The duties applied to about half of U.S. beef production, which steared some U.S. companies away from Mexico's market.
The anti-dumping duties are scheduled to sunset every five years, but could have been continued this year upon a request for review by an interested party. Such a request was filed by the association of Mexican cattle producers (Confederación Nacional de Ganaderos, or CNOG), but the organization later withdrew it.
Source: National Cattlemen’s Beef Association