250,000 chickens per day: what could happen if NAFTA disappears

Tue, 23 Jan 2018

Reuters reports on what might happen if NAFTA talks collapse between Canada, the US, and Mexico.

US poultry exports to Mexico, valued at $1 billion each year, may face challenges if Mexico raises tarrifs as a response to the cessation of the North American Free Trade Agreement. A 75 percent tarrif would only add to the difficulties already faced by the US poultry industry as a result of the higher tarrifs China introduced in 2010.

According to the Reuters report, 250,000 chickens are processed each day at a major Texan plant. Higher tarrifs could lead to a flood of chicken in the US, owing to increased competition from Brazil.

To read the full article from Reuters, click here.