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The Florida Tomato Exchange is urging for an end to the 2019 Tomato Suspension Agreement with Mexico, citing continued harm to the US tomato industry due to unfairly priced imports.
The Florida Tomato Exchange (FTE), a trade group, is urging the US to terminate the 2019 Tomato Suspension Agreement with Mexico, arguing that it has not been successful in protecting Florida growers against perceived unfair trade practices. FTE claims that Mexican growers continue to flood the US market with low-cost tomatoes, negatively impacting domestic market conditions. Despite the 2019 agreement, which introduced minimum pricing and regulated sales, FTE insists that the deal has not curtailed unfairly traded Mexican tomatoes and has therefore requested the Commerce Department to end the agreement. However, the Fresh Produce Association of the Americas (FPAA) contends that ending the agreement would adversely affect American consumers.
Source: FreightWaves
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