The Trump administration announced that a 21% tariff will be applied to most tomatoes imported from Mexico, effective July 14. This measure aims to protect US tomato growers amid claims that the current 2019 trade agreement has failed to shield them from unfair competition posed by lower-priced Mexican imports. The Department of Commerce highlights that this decision is in response to numerous concerns raised regarding the previous agreement, which set minimum pricing standards and regulated quality, thereby aiming to promote fair competition during the peak tomato season.
The current agreement has failed to protect US tomato growers from unfairly priced Mexican imports, leading to the termination of the 2019 trade agreement.
This action will allow U.S. tomato growers to compete fairly in the marketplace, reinforcing the need for tariffs on imported goods.
Collection
[
|
...
]