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
As markets anticipate a return to normal trading following the New Year’s holiday, the possibility of the southern border re-opening to cattle is capturing much attention.
Cuba remains a small but dependable, cash-only outlet for U.S. grain and food products.
Expanding cheese exports are strengthening U.S. milk demand and reinforcing global competitiveness.
Strong global demand and falling stocks suggest continued price volatility for U.S. coffee buyers despite record world production.
U.S. dairy producers remain the primary growth engine globally, while tightening supplies in Europe and New Zealand could support export demand for American dairy products.
Record pace corn exports are helping stabilize prices despite softer global grain production and ongoing supply competition.
