Your Grocery Bill Could Rise as Fresh Tomato Prices Set to Jump
UNITED STATES, JUL 08 – The U.S. will impose a 20.91% tariff on most Mexican tomato imports to support domestic growers amid an antidumping dispute, raising prices by nearly 10%, USDA said.
- On April 14, the International Trade Administration announced the U.S. will exit the Tomato Suspension Agreement on July 14, imposing a 17% tariff and nearly 11% price increase.
- Long-Standing antidumping disputes since 1996 prompted the U.S. to threaten tariffs, citing U.S. growers' complaints and Mexico supplying over 90% of imports.
- USDA data shows Mexico supplies over 90% of U.S. tomato imports, with reduced autumn-winter planting as the acreage gap widens beyond 75,490 acres.
- With tariffs set to rise over 17%, U.S. consumers face nearly 10% higher grocery prices, risking thousands of jobs and supply disruptions in border communities like Nogales, Arizona.
- Beyond immediate impacts, U.S. production shortfalls and a 75,490-acre gap highlight ongoing dependency on Mexican imports, risking thousands of jobs in border communities.
33 Articles
33 Articles
Lawmakers ask to extend tomato trade agreement with Mexico
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U.S. Rep. Henry Cuellar makes appeal for tomato industry
Cuellar and Ramiro Cavazos, the president and CEO of the U.S. Hispanic Chamber of Commerce, held a press conference on Saturday to urge the Trump administration to extend the Tomato Suspension Agreement or risk sweeping economic damage to business sectors built on stable tomato prices.
The Trump administration’s decision to impose a 20.91 percent tariff on tomato imports from Mexico on Monday could provoke retaliation by the Mexican government against other U.S. products, alerted a coalition of private initiative groups in that country. In a letter sent to Trade Secretary Howard Lutnick, the coalition of 31 U.S. private initiative groups called for reconsidering the April decision to rescind the agreement that has allowed the …
Some tomato prices set to rise as US tariffs and trade policy shift
Tariffs and trade policy are back in the spotlight as key deadlines loom. Tomato prices could rise as early as next week as a long-standing trade deal between the U.S. Commerce Department and Mexico is set to expire. What deal is expiring? On July 14, the 2019 Tomato Suspension Agreement is expected to expire. The agreement allows Mexican exporters to avoid tariffs if they agree on minimum pricing and regulatory rules set by the Commerce Departm…
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