Mexico: NAFTA Changes May Put U.S. Popcorn Exports at Risk

Posted on February 6, 2017 • Filed under: Border Issues, Business, Mexico, United States

theguardian.com reported the head of Mexico’s largest cinema chain has said the impending renegotiation of the North American Free Trade Agreement (Nafta) means the US popcorn industry is at risk.

Alejandro Ramirez’s company, Cinepolis de Mexico – which is the fourth largest cinema chain in the world – buys around $10m of kernels from Kansas, Missouri and Iowa.

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Ramirez said the impact on the peso of Donald Trump’s campaign had already led the company to look into importing from Argentina instead; further negative impact following the free-trade shakedown would mean they were forced to pull the plug. Read Article

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