Tomato prices likely to jump
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The U.S. Commerce Department has imposed a 17% tariff on most Mexican-grown tomatoes, ending a decades-old trade agreement designed to prevent unfair pricing from Mexican exporters.
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.
A trade agreement that kept Mexican tomato prices in check is about to lapse. Once it does, importers face steep tariffs — and costs may pass quickly to consumers. With supply tightening and demand peaking,
As a new federal tomato tariff takes effect, farmers in Delaware hope rising prices will push more people to shop local. The U.S. government announced a 17% tariff on most
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New U.S. tariff imposes 20.91% on Mexican tomato imports, potentially raising prices in stores and restaurants.
The price of tomatoes could soon be going up, and finding them at the grocery store could become more difficult due to a combination of new tariffs and labor shortages.
Although the price of a bunch of tomatoes may only increase by a few dozen cents, the increase comes at a time when consumers are already sick of inflation, and when tariffs threatened by the Trump Administration could further drive up prices, he says.