The Trump administration announced on Monday it has secured a preliminary U.S.-Mexico trade agreement. Under the pact, tariffs on agricultural products traded between the two countries would remain at zero. However, because the U.S. administration is still imposing tariffs on Mexican steel and aluminum imports, the retaliatory tariffs that Mexico imposed on certain U.S. cheeses also remain in place.
The Office of the U.S. Trade Representative also announced that for the first time in a U.S. trade agreement, the countries have agreed to not restrict market access in Mexico for U.S. cheeses labeled with certain names. A list of protected cheese names has not yet been released.
Specifically, USTR stated that the agreement will contain geographical indication (GI) standards that:
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