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Packer Insight — Trade news and earnings reports

Editor-in-chief Tom Karst and retail editor Ashley Nickle discuss some of the key stories of the week, from Mexico and China trade news to retailer earnings reports to video interviews with folks on the buy side.

China’s retaliatory tariffs continue to take a toll

Unrelenting trade friction with China will likely cost U.S. fruit growers export sales again in 2019.

Mexican tomato agreement done, duties kick in

The Department of Commerce has terminated the 2013 Suspension Agreement on Fresh Tomatoes from Mexico, setting a 17.56% duty on Mexican tomatoes arriving in the U.S.
May 07, 2019 by Tom Karst #Produce Crops, #Mexico, #Tomatoes, #Trade

Look to Asia, Africa for growth in produce sales

NEW YORK, N.Y. – As population and per-capita consumption growth slows in the U.S., fresh produce marketers may be wise to focus on faster-expanding markets in Asia and Africa.