The Fox Business’ Ashley Webster talks to Steve Longmire, owner of Tennessee homegrown tomatoes, about future tomato tariffs.
Groups of fields and Republican Creator Creator Alarm at 21% Tariff to implement Monday to hit Fresh Tomato Imports from Mexico, Threaten to shake a North American supply chain that gives billions of pounds of tomatoes in US consumers each year.
In the center of war is to end the security insurance, a trade in the trade first signed in 1996 and the deal updating the exports of Mexicans. But in April, the US Commerce Department announced withdrawal from the agreement, quoting the failure of protecting domestic growers from artificial import prices.
A divided tomato industry
the Tariff reveals a vigorous feature between tomato plants. In Florida, where most of the total supply of fresh tomatoes in US farmers call to move for a long time. They say years of cheap imports have lost the US industry.
“We did not fear Mexican competition,” Bob Spencer, West Coast Tomato based business, speaking the fox business ahead of the deadline. “But if we continue to go to the income, Mexico has a monopoly. It is not good for the American consumer. We need strong viewers in Mexico and Florida, and Americans deserve the choice.”
Tariffs reveal a divided part of tomato plants. (Artur Widak / Nurphoto via Getty Images) / Getty Images)
Spencer, whose family has Tomatoes in the farming from the 1920sReasoning that lower Mexican labor costs and less strict regulations have created an uneven playground.
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Spencer says it’s a problem with country effect not only overseers and local Sunshine State economies, but other states grow in the US
Steve Tongmire, owner and operator of tomatoes in homiSeSee homnessee homnesse, agree.
“They need to stop tomato tomatoes in this country,” he said, talking about the differences in the price undercuting his $ 20- $ 25 per production box.
Critics: Tariff hurts prices and investments
Warning those critics Return to Duty Spike consumer prices and stunts in changing the fast growing greenhouse sector.
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“A tariff just took the financial capacity to expand US greenhouses,” says Tom Stenzel, executive director of controlled agriculture.
In the center of war is to end the Secure of Tomaturt’s Segurt, a trade trading first signed in 1996 and last updated in 2019. (istock / istock)
Stenzel explained 70% of tomatoes imported from Mexico today the greenhouse – and many US companies have expanded North America to continue withdrawal. Although exporters find the payment for Tarko, Stenzel will argue that the prompts of duties and the costs restore to US dealers and shoppers.
The Naturesweet, a major grabe tomato in Tomato in Mexican-based Greenhouse, also pushes. The company says the fox business the suspension agreement has reinforced prices for almost 30 years and its removal can lead to spikes in supply and price.
“As a US US company in a low-margin business, we have never been a choice except for the increase in consumers’ consumers,” Legal Legal officials, was told the fox business last week.
Naturesweet, a major Grabeo Tomato in Mexican-based tomato, speaks the fox business that the Suspension Agreement has fixed supply and price prices. (Watts for Washington Post by Getty Images) / Getty Images)
Although the company will try absorb some costs, The reality is not simple.
A Growing Share From Mexico
Mexican tomatoes – growing tomatoes now at about 70% of the US market, from 30% two decades ago. Meanwhile, sharing American overseers came from 80% in 1996 to 30% only now. Claiming Florida Tomato Exchange Exching Margins up to 273% below the minimums continues to damage domestic farmers.
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“The only way to level the playing plains is to end the deal and implement trade trading,” says Robert Guenther, Executive Vice President in Exchange.
Political Progress Majorities
The lawmakers of the Republican lawmakers from states depend on the imports of Tomato participated in opposition. In a letter in June in the Commerce Department, Reps. Andy bigs, R-owners.
However, those who want more strictly implementation against alleged ridges as a threat to the market agreement of an object: The decision can reshape the Tomato Industry in North America in the years to come.
