America’s $1.2 billion Mexico milk trade at risk

With a tweet on Tuesday morning, President Donald Trump told Wisconsin dairy farmers—and the world—that America “will not stand for” the Canadian policies he says are hurting U.S. exports.

Even as the Trump administration jousts with Canada over its latest trade dispute, it might want to keep a closer eye on Mexico, America’s No. 1 one dairy importer. Its southern neighbor, which figures prominently in the U.S. government’s crime and immigration rhetoric, spent almost twice as much money as Canada did on U.S. dairy in 2016. That’s $1.2 billion.

Now it appears Mexico is looking for new trading partners.

Source: Bloomberg