Reported about 9 hours ago
US tomato prices may increase significantly starting July 14 due to a new 20.9% tariff on most Mexican tomato imports, which could impact restaurants and consumers across the country. Business owners like Teresa Razo fear potential bankruptcy as costs rise, while some US growers welcome the tariffs to combat unfair competition. The changes come after nearly three decades of trade agreements that have faced criticism for failing to protect American farmers, leading to heightened instability and uncertainty in the market.
Source: YAHOO