The Mexican government will implement retaliatory duties against America’s section 232 metals duties on July 5. It is possible that the AMLO administration may revise the list of products targeted later in 2018 should consumer prices rise significantly. Mexican imports of the consumer goods, which are mostly agricultural, covered (64% of the total) have climbed 7% in the three months to May 31 on a year earlier. One challenge is a high dependence on the U.S. for some of the products, making alternative sourcing difficult. With 19% of the products by value depending on America for 90% ...