THE US International Trade Commission (ITC) voted 4-0 that dumped tomatoes from Mexico injure the American tomato industry, reports the American Journal of Transportation.
As a result, the recent agreement - negotiated by the Department of Commerce - suspending the antidumping duty (AD) investigation of fresh tomatoes from Mexico will remain in place.
'This action cements the strong suspension agreement that protects the US tomato industry from the damaging effects of unfair trade and provides certainty for the market,' said Commerce Secretary Wilbur Ross.
Last September, the Commerce Department and Mexican tomato growers finalised the 2019 Suspension Agreement, which contains robust enforcement provisions ending the supply of cheap Mexican tomatoes.
This agreement also disables ways and means that permitted sales below the reference prices, while including an inspection mechanism to prevent the importation of low quality tomatoes from Mexico and allowing the US to audit up to 80 Mexican tomato producers and US sellers.
WORLD SHIPPING
As a result, the recent agreement - negotiated by the Department of Commerce - suspending the antidumping duty (AD) investigation of fresh tomatoes from Mexico will remain in place.
'This action cements the strong suspension agreement that protects the US tomato industry from the damaging effects of unfair trade and provides certainty for the market,' said Commerce Secretary Wilbur Ross.
Last September, the Commerce Department and Mexican tomato growers finalised the 2019 Suspension Agreement, which contains robust enforcement provisions ending the supply of cheap Mexican tomatoes.
This agreement also disables ways and means that permitted sales below the reference prices, while including an inspection mechanism to prevent the importation of low quality tomatoes from Mexico and allowing the US to audit up to 80 Mexican tomato producers and US sellers.
WORLD SHIPPING