tomato, Trump administration
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The U.S. government says it's placing a 17% duty on most fresh Mexican tomatoes after negotiations ended without an agreement to avert the tariff.
According to one analyst, the U.S. would need between 42,000 and 250,000 more acres growing tomatoes to replace Mexican imports.
The U.S. ends a nearly 30-year-old trade agreement with Mexico this month. Here's how it could impact the cost of this kitchen staple.
New U.S. tariff imposes 20.91% on Mexican tomato imports, potentially raising prices in stores and restaurants.
Guajillo's on Padre Island struggles with smaller, more expensive tomato shipments from Mexico as the 17% tariff is implemented. More import tariffs are set to take effect August 1.
The U.S. Department of Commerce said in April that it would withdraw from the Tomato Suspension Agreement with the aim to address the price dumping issue.
The Trump administration is adding a 17 percent tariff to a year-round grocery store staple, while funneling more business to domestic tomato growers, largely in Florida.