×
Home National Politics Business Bangladesh International Sports Entertainment Law & Justice More News Capital News Health Features Business Icon Technology Media Features Economy Education Literature Quran & Hadish Photo Gallery Editorial Religion Tours & Travels Tourism Guide Editors Corner Campus Youth Popular Organizations Country Wide Life Style Jobs Prism Notice History & Culture Messages Op-ed Wildlife Activities Foreign relation Accident Environment Asia Videoes Analysis Energy Book Reviews Literature Others KSA Arab World Cricket Football More Banking Corporate Global economy Real Estate Entrepreneur Start-up Telecom Summit Travel Art and Culture Food Book Fourth Estate View Letters to Editor Political Icon Diplomat Scholarship Career Job

Saturday 2nd of August 2025 E-paper
* Occupational safety crucial for boosting industrial production: Sakhawat   * July Proclamation to be unveiled on August 5   * 138 more dengue cases reported in 24 hrs   * Kyiv death toll rises to 26 after Russian strikes: Ukraine   * July Charter : Protesters block Shahbagh for 2nd consecutive day   * Two bodies recovered from Kuakata beach   * Flash floods kill three in Vietnam, nine missing   * BB issues cyber-attack warning for banks, financial institutions   * Trump imposes 25% tariff, penalty on Indian exports   * EC to add extra seat in Gazipur removing from Bagerhat  
   Business
  US imposes 17% duty on most Mexican fresh tomatoes

(BSS/AFP) - The United States is imposing antidumping duties on most imports of fresh tomatoes from Mexico, the US Commerce Department said Monday as Washington alleged its neighbor engaged in unfair trade.

The duties, set at 17.09 percent, come after Washington moved to terminate a 2019 agreement that staved off such charges.

"Mexico remains one of our greatest allies, but for far too long our farmers have been crushed by unfair trade practices that undercut pricing on produce like tomatoes. That ends today," Commerce Secretary Howard Lutnick said in a statement.

"This rule change is in line with President (Donald) Trump`s trade policies and approach with Mexico," he said.

Mexico is a dominant supplier of US fresh tomato imports, and the US Commerce Department said that antidumping duties are calculated to measure the percentage by which Mexican tomatoes were sold in the country at "unfair prices."

The United States had announced it was withdrawing from the tomato agreement in April, arguing that the action was meant to help American tomato growers compete fairly.

But observers have expressed concern that the duties could cause a spike in tomato prices.

On Monday, the Mexican government said it was working with tomato producers to limit the effects of the 17 percent duty.

"We are working together to minimize the impact," President Claudia Sheinbaum said at her regular morning press conference, without giving details.

Other Mexican government officials called the tomato tariff unfair and warned the move will ultimately harm Americans.

The measure goes "against the interests not only of Mexican producers but also of the US industry," officials said in a joint communique from the Mexican ministries of economy and agriculture.

The antidumping duties are the latest blow to trade after Trump this year introduced wide-ranging tariffs on partners including Mexico.

After returning to the White House in January, Trump swiftly targeted Mexican goods with a 25 percent tariff -- although he eventually exempted products covered by the US-Mexico-Canada free trade agreement signed during his first term.

Over the weekend, Trump threatened to raise the levy to 30 percent on August 1, as he pushes for a re-negotiation of the trade relationship.

Mexico is one of the economies most vulnerable to US tariffs and duties, with 80 percent of its exports destined for its northern neighbor -- which is also its largest trading partner.



  
Share Button
  

    
Tariff cut by US strengthens Bangladesh`s global competitiveness : Bashir
.............................................................................................
Fuel prices to remain unchanged for August: Energy ministry
.............................................................................................
BB issues cyber-attack warning for banks, financial institutions
.............................................................................................
Trump imposes 25% tariff, penalty on Indian exports
.............................................................................................
US indicates tariff reduction for Bangladesh
.............................................................................................
MASTUL Foundation`s Expansive Mastul Islamic Shelterhome Complex: A Holistic Haven for Vulnerable Populations
.............................................................................................
Bangladesh opts for import ‘incentives’ to win Trump`s support
.............................................................................................
Private sector faces pressure from political, energy challenges: DCCI president
.............................................................................................
US rules out extension on August 1 tariff deadline
.............................................................................................
Stock market update: DSE, CSE indices rise on Sunday morning trading
.............................................................................................
Private sector credit growth slips below 7 per cent
.............................................................................................
Brazil eyes trade deal with Bangladesh
.............................................................................................
Tk 3,109cr earned by exporting 34,876.37 tonnes fish
.............................................................................................
Dr. Zubaidur Rahman appointed as new Chairman of Islami Bank
.............................................................................................
FAO pledges support to boost Bangladesh’s jute market
.............................................................................................
Gold prices rise, bhori Tk 1.71 lakh
.............................................................................................
Stocks mixed with trade and earnings in focus; Tokyo reopens with gains
.............................................................................................
Beijing criticises EU sanctions on Chinese entities linked to Russia
.............................................................................................
A weak govt achieving tariff negotiations rare in history: Debapriya
.............................................................................................
Japan-Bangladesh cultural ties deepen through joint art exhibition
.............................................................................................
Bangladesh receives $1421m remittance in 16 days of July
.............................................................................................
Onion, chicken prices up; vegetables still costly due to rain
.............................................................................................
Iran seizes foreign tanker over alleged fuel smuggling in Sea of Oman
.............................................................................................
US imposes 17% duty on most Mexican fresh tomatoes
.............................................................................................
Cuban economy contracted in 2024, 2nd year in a row
.............................................................................................
ITIIU traces Tk 1,874cr tax evasion in seven months
.............................................................................................
BB fetches $171m at first-ever auction to stabilise taka
.............................................................................................
Singapore averts recession in second quarter
.............................................................................................
Tesla to offer shareholders chance to invest in xAI: Musk
.............................................................................................
BB to relax monetary policy, signals rate cuts
.............................................................................................
35% US tariff on Bangladeshi goods not final: Salehuddin
.............................................................................................
Vegetable prices shot up by Tk 10 to 20 per kg in Dhaka
.............................................................................................
Nice future awaits Bangladesh if labour productivity can be increased: Bashir
.............................................................................................
Bangladesh’s forex reserves cross $27bn
.............................................................................................
Google Pay now in Bangladesh
.............................................................................................
Amazon to invest œ40 billion in UK over 3 years: govt
.............................................................................................
Imf approves $1.3 billion disbursement from $4.7 billion loan program for Bangladesh
.............................................................................................
Oil prices rise, markets mixed as US strike on Iran fuels geopolitical tensions
.............................................................................................
Expats send $199cr remittance in 21 days of June
.............................................................................................
Proposed budget fails to address economic challenges: CPD
.............................................................................................
Tesla expected to launch long-discussed robotaxi service
.............................................................................................
Tokyo votes in local election seen as key test for ruling party
.............................................................................................
Bangladesh expands footprint at China-South Asia expo
.............................................................................................
ECD Network working on the impact of environment and climate on early child development
.............................................................................................
China boosts crude oil stockpiles amid rising prices
.............................................................................................
Govt to import LNG, 30,000MT fertilizer
.............................................................................................
Bank of Japan holds rates, says to slow bond purchase taper
.............................................................................................
Yen slides ahead of Bank of Japan policy decision
.............................................................................................
Thousands of rawhides gone to waste in Chattogram, contradictions in collection data
.............................................................................................
One-fourth of disbursed loans, Tk 4,20,000cr, now classified
.............................................................................................
Chief Advisor: Md. Tajul Islam,
Editor & Publisher Fatima Islam Tania and Printed from Bismillah Printing Press, 219, Fakirapul, Dhaka-1000
Editorial Office: 219, Fakirapul (1st Floor), Dhaka-1000.
Phone: 02-41070996, Mobile: 01720090514, E-mail: [email protected]
2022 @ All Right Reserved By www.themuslimtimes-bd.com