McLean County Farm Bureau

TOMATO TRUCE: U.S. AND MEXICO STRIKE A DEAL ON IMPORTS

The U.S. reached a deal to suspend tariffs on tomatoes from Mexico and implement import restrictions demanded by Florida growers to protect their industry. The agreement, which also ends a dumping probe by the Trump administration, is expected to head off calamity for the Mexican tomato export industry, the world’s largest. It’s also likely to avert spikes in prices at U.S. supermarkets and restaurants. (Bloomberg)