The Mexican government is assessing the impact of U.S. reciprocal tariffs amid food sovereignty plans. President Claudia Sheinbaum suggests potential benefits for Mexico due to trade dynamics. Agriculture Minister Julio Berdegué outlines ambitious production goals by 2030, with substantial government support for farmers. Sheinbaum will briefly attend a CELAC summit in Honduras, emphasizing regional cooperation amidst domestic responsibilities.
In the recent mañanera, Mexican President Claudia Sheinbaum addressed two critical topics: the implications of the United States’ reciprocal tariffs and Mexico’s aspirations for food sovereignty. During her address, she indicated that Mexico might benefit from these high tariffs, but emphasized that such benefits should not come at the expense of other nations.
President Sheinbaum responded affirmatively to inquiries about whether Mexico would benefit from the United States’ reciprocal tariffs. She highlighted that, while they do not wish for others to suffer, Mexico possesses an advantageous trade position. Mexico can export most products tariff-free to the U.S. under the USMCA, except cars, steel, and aluminum. This proximity greatly reduces transportation costs for Mexican goods compared to imports from Asia or Europe.
Moreover, Agriculture Minister Julio Berdegué spoke on Mexico’s ambitious food production targets announced by the president aimed at bolstering food sovereignty. The goals include increasing annual production of corn, beans, milk, and rice by 2030. For instance, corn production aims for 25 million tonnes, while rice is set for a 103% increase to 450,000 tonnes, among other targets.
To support these targets, the government introduced various programs, including the Coseschando Soberanía initiative, which provides farmers with critical resources such as high-quality seeds, fertilizers, and financial assistance. The government has allocated nearly 54 billion pesos (approximately $2.64 billion) this year to support these initiatives aimed at improving food self-sufficiency.
President Sheinbaum also confirmed her upcoming attendance at the CELAC summit in Honduras for a brief visit of two hours. This trip marks her second international engagement since taking office, emphasizing her commitment to regional cooperation in Latin America despite her tight schedule.
Sheinbaum stated her limited time availability due to ongoing responsibilities at home but acknowledged the persuasive invitation from Honduran President Xiomara Castro, affirming the importance of her attendance. She plans to utilize a Ministry of National Defense aircraft for her travel due to limited commercial flight options.
In conclusion, Mexico is poised to potentially benefit from the recent U.S. reciprocal tariffs while aiming for significant advancements in food production under the Sheinbaum administration. The government has set forth ambitious targets to enhance food sovereignty, backed by substantial financial investments in agriculture. Additionally, Sheinbaum’s participation in regional summits underscores Mexico’s diplomatic engagement within Latin America, reinforcing her commitment to international collaboration.
Original Source: mexiconewsdaily.com
