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US moves toward agreement on Mexican tomatoes

1 month ago   |   By Arizona Daily Star

The tentative pact heads off a potential 25 percent tariff.
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US moves toward agreement on Mexican tomatoes

US moves toward agreement on Mexican tomatoes

1 month ago   |   By My Sanantonio

WASHINGTON - The U.S. Department of Commerce says it's reached a tentative deal with Mexican tomato producers to prevent unfairly cheap produce from reaching American consumers, heading off a potential 25 percent tariff.
Secretary of Commerce Wilbur Ross said Wednesday the draft agreement "meets the needs of both sides."
The U.S. imports about $2 billion of Mexican tomatoes yearly.
The agreement sets minimum prices for Mexican tomatoes, including a 40% premium on organic imports.
The final deal has to be signed by Sept. 19 in order to definitively suspend an investigation that could have...
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