Mexico Sets Tomato Export Prices to Ease Trade Spat With Trump
Source: Bloomberg
August 9, 2025 at 3:36 PM EDT
Updated on August 9, 2025 at 8:13 PM EDT
Mexico set minimum prices for fresh tomato exports to the US, seeking to regain full access to the market after the Trump administration imposed an anti-dumping duty.
Setting the floor avoids generating a distortion in the prices of tomato exports, the Mexican government said in a decree published in the federal gazette late Friday. US growers have accused Mexican counterparts of selling at unfairly low prices, and the US withdrew this year from a trade agreement regulating the exports.
While the US Commerce Department announced the anti-dumping duty of more than 17% last month, President Donald Trump delayed a broad tariff hike for 90 days to create space for a trade deal with Mexico.
The Mexican government is trying to help growers avoid an increase in anti-dumping duties in the future, said Georgina Felix, director of operations at the Arizona-based Fresh Produce Association of the Americas.
Read more: https://www.bloomberg.com/news/articles/2025-08-09/mexico-sets-tomato-export-prices-to-ease-trade-spat-with-trump
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underpants
(192,895 posts)The level the playing field for products produced in your country not to make companies move operations to your country.
Igel
(37,101 posts)Why move operations out of the country? Because it's cheaper to make them there and import them.
Why move operations back into the country? Because it's cheaper to make them here than import them.
It's negative industrial policy (to maybe coin a phrase) instead of positive industrial policy: One manipulates the market by making foreign competition more expensive; the other subsidizes or just mandates production of goods domestically (which also manipulates the market).
republianmushroom
(21,346 posts)twodogsbarking
(15,678 posts)and the people in the kitchen spit in his ketchup.