Mexico says tariffs will send tomato prices soaring in US

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Mexico says tariffs will send tomato prices soaring in US
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Mexico warns that U.S. consumers might have to pay up to 70% more for tomatoes after the U.S. Commerce Department announced it would re-impose anti-dumping tariffs on Mexican imports.

Mexico's Economy Department said Tuesday that U.S. consumers could pay 38% to 70% more for tomatoes after the U.S. Commerce Department announced it would re-impose anti-dumping duties on Mexican imports.

It said that many small- and medium-sized Mexican tomato exporters won't be able to pay the deposits required to export. Tomatoes are Mexico's largest agricultural export after beer and avocadoes, and tomato growing and harvesting provides about 400,000 jobs in Mexico. In March the Commerce Department announced it was ending a 2013 suspension agreement in which Mexican growers promised to sell at fair prices, and that it would reinstate the 1996 tariffs. The Mexican government said its growers continue to negotiate with the U.S., and expressed hope that another agreement, like ones that have been in place for 23 years, could be reached.

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