Closing the loopholes in tomato deal: Can it be done?

02/06/2013 04:35:00 AM
Tom Karst

Not only will consumers pay more for foreign and domestically grown tomatoes at the grocery store and for salads and hamburgers at restaurants, but the new price-floor terms provide a strong indication that the specter of uncertainty associated with antidumping administration provides the necessary leverage to induce foreign producers into pricing schemes indistinguishable from collusion and price-fixing.

It is perhaps too early to make a judgment on the draft agreement. Certainly we all believe a suspension agreement is better than a "trade war."  But that is just faint praise at this point.

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