The U.S. Commerce Department says tomatoes from Mexico will now face additional duties.
The move backtracks on a prior agreement allowing them to enter the market tariff-free. The International Trade Administration says that the agreement failed to protect U.S. tomato growers from unfairly priced Mexican imports. It was put in place during President Trump’s first term and will end 90 days from now.
Staring mid-July, anti-dumping duties of around 21 percent will be placed on Mexican tomatoes.
Related Stories
“I’m not sure where this bridge goes,” trader Brady Huck with Advanced Trading told RFD-TV News earlier this week.
American Farm Bureau Federation (AFBF) economist Danny Munch joined us on Thursday’s Market Day Report to break down the scope of the U.S. Christmas Tree industry and what growers are up against.
Canadian tariffs would raise costs for potash, ammonia, and UAN, increasing spring fertilizer risk.
Experts say flooding the zone with more money could have unintented consequences without opening new markets for planted crops and inputs under significant pressure.
Julie Callahan was nominated earlier this summer by President Donald Trump, and U.S. Trade Representative Jamieson Greer told lawmakers she is ready to hit the ground running.
Sen. Deb Fischer, of Nebraska, mentioned that Congress pushing through year-round E15 sales will do more to help commodity growers than more farm aid, which is currently a reality.
