Reported about 11 hours ago
The Trump administration's 17% tariff on fresh tomatoes from Mexico, starting July 14, poses significant challenges for major tomato exporters, including Veggie Prime, which relies heavily on the U.S. market. The tariff threatens to decrease tomato exports by 5% to 10%, potentially costing around 200,000 jobs in the industry, which generated $3 billion last year. Despite a rise in tomato prices by their U.S. client, producers like Veggie Prime face uncertainty and are exploring alternative markets to mitigate the impact.
Source: YAHOO