(Reuters) - The U.S. Commerce Department on Monday said most tomatoes imported from Mexico to the United States will face duties of 20.91% from July 14 as it withdraws from an agreement it said had failed to protect domestic tomato growers.
"This action will allow U.S. tomato growers to compete fairly in the marketplace," the department said in a release.
(Reporting by Costas Pitas)
By Jamie McGeever
ORLANDO, Florida (Reuters) - TRADING DAY
Making sense of the forces driving global markets
By Jamie McGeever, Markets Columnist
Global rally fizzles as it reaches Wall Street
Another tariff climb down from the Trump administration sparked a relief rally in world stocks and bonds on Monday, but smoldering growth fears and deep-rooted doubts over the wisdom and execution of U.S.... (continue reading...)
(Reuters) - A Russian court on Monday ruled a U.S. citizen not criminally responsible for his actions in connection with the assault of a police officer and committed him for treatment in a Russian hospital, the Moscow City Court Service said.
The service, in a statement posted on the Telegram messaging app, said Joseph Tater has been absolved of responsibility in connection with the incident. He had been in detention since last August.
... (continue reading...)BRASILIA (Reuters) - Brazilian central bank executive director Rogerio Lucca said on Monday that unclogging the transmission channels of monetary policy is a potential challenge, highlighting that some credit lines exhibit limited sensitivity to interest rate changes.
Speaking during a central bank-hosted livestream, Lucca said this is due to subsidies and earmarked credit, ultimately forcing policymakers to make larger interest rate adjustments to... (continue reading...)
By Nathan Layne and Tim Reid
WASHINGTON (Reuters) - The chief information officer at the Internal Revenue Service said he would resign, according to an email sent to staff and seen by Reuters on Monday, the day before the April 15 tax-filing deadline for most U.S. taxpayers.
CIO Rajiv Uppal, whose job was to oversee the development and improvement of the IRS' computer and IT systems, said his resignation from the tax agency would be... (continue reading...)
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