Thursday, February 28, 2013

Jojo

Ft. com

Mexico growers see red in US trade spat
By James Politi in Washington and Adam Thomson in Mexico City
The US and Mexico are drifting towards a nasty trade  strife over tomatoes, after the US commerce department sided with Florida growers who had demanded the relief of a 16-year-old deal that maintained low prices on Mexican imports.
The decision, which provoked an angry reaction in Mexico, raises the spectre of a trade spat erupting between the neighbours, though there is understood time for the US to change its mind or for the cardinal to reach a negotiated solution.

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There surely is a risk of retaliation and other trade implications, utter Kevin Richards, director of regulatory relations at the American bring on Bureau, the main lobbying group for US agricultural producers in Washington. I dont think were there yet.
The ruling by the commerce department ended, on a anterior basis, a 1996 pact that suspended a US anti-dumping investigation into Mexican tomatoes and set the price for their imports.
But the decision by the International Trade Administration, an agency housed within the commerce department, get out not be final until the middle of next year, going away some room for manoeuvre.
Francisco Rosenzweig, Mexicos undersecretary for international trade on Friday said that Mexico was profoundly surprised...If you want to get a wide-eyed essay, order it on our website: Orderessay



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