US and Mexico reach deal to end tomato tariffs

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The deal will cancel 17.5% tariffs imposed in May and ends the US's antidumping probe first opened 23 years ago

Mexico City — The US and Mexico said Wednesday they had reached a deal to end US tariffs on Mexican tomatoes, imposed amid a surge in trade tension between the neighbours.

“After intensive discussions with all parties, we signed a new draft suspension agreement with the Mexican growers late last night . This draft agreement meets the needs of both sides and avoids the need for antidumping duties,” US secretary of commerce Wilbur Ross said in a statement. The US commerce department said the draft deal would now be put to a 30-day review period, and signed on September 19 if both sides still agree.

The leftist leader said he “welcomed this deal”. Mexico exported about $2bn of tomatoes to the US in 2018 — its third-largest agricultural export to its northern neighbour, after beer and avocados.

 

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