By Brendan O’Boyle
MEXICO CITY (Reuters) -Mexico has set minimum export prices for fresh tomatoes to protect its domestic production and ensure internal supply after a bilateral agreement with the U.S. expired, Mexico’s economy and agriculture ministries said in a joint statement on Sunday.
The decision follows Washington’s withdrawal in July from a 2019 deal between the two countries which regulated Mexican tomato exports to the U.S..
The Trump administration on July 14 announced a duty of about 17% on imports of fresh tomatoes from Mexico.
While the new pricing rules apply exclusively to definitive exports, they don’t restrict export volumes or impose maximum prices. Prices will be reviewed annually or sooner if market conditions demand, the Mexican ministries said.
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