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.
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Rollins says the new trade relationship with Taiwan, which is committed to buying a significant amount of U.S. soy, could not come at a better time for farmers facing financial strain.
The three-point plan was announced during remarks at the annual meeting of the National Association of State Departments of Agriculture.
Higher tariffs may shield some U.S. crops but risk retaliation, lost markets, and higher costs for growers. The WTO disputes highlight the fragile balance between trade policy, farm exports, and input supply chains.
USMEF CEO Dan Halstrom joined us on Monday’s Market Day Report for his analysis on the U.S.-Taiwan trade agreement, which includes big bucks for U.S. Beef.
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