Next Trump Target: Tomatas from Mexico – US announced 21% duties

Washington announced Monday Monday its intention to withdraw from a bilateral agreement with Mexico allowing the US market without customs duties to be imported into the US market, which will be implemented by mid -July and imposes an additional 21%. “The agreement did not allow US producers to be protected from Mexican imports with unfair prices”, and “the Ministry of Commerce has received many comments” demanded by the United States to withdraw “and the decision” will allow US producers to compete, ” At the same time, the ministry aims to impose 20.91% from July 14th to reduce dumping practices “in most of the tomato imports of Mexico”. Almost all exports of this product from Mexico are destined to the US, according to data from the US Department of Agriculture. Mexican tomatoes range from 76% to […]
Source: News Beast

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