The president of the Chamber of the Restaurant and Seasoned Food Industry (Canirac), Laura Guzmán Torróntegui, considered that if the tariff measures imposed by the United States are resumed, Asian food businesses could be the most affected in Sinaloa.
Likewise, Guzmán Torrontegui pointed out that although many of the inputs used in this branch are supposed to be Asian, the reality is that they are imported from the United States.
“They are inputs that are bought directly in the United States, some are of oriental origin, but also a wide range of pastries and dressings come from the United States, we are clear that it would affect the business of many in our sector,” she said.
The leader of Canirac, assured that she is confident that the negotiations between Mexico and the neighboring country will give good results at the end of the day, however, she assured that in case the 25 percent tariffs are applied, Mexico will have to see it as an opportunity to strengthen the national market.
It is worth noting that the authorities of Mexico and the United States gave a deadline of one month to address the issue and reach agreements that allow the continuation of the Free Trade Agreement (FTA) between both countries.
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Source: oem