Reported 22 days ago
As a long-standing agreement with Mexico regarding tomato prices nears its expiration, consumers in the U.S. may see fresh tomato prices increase by nearly 10%. The U.S. Commerce Department is ending the deal, which will lead to a 17% tariff on Mexican imports. Although some U.S. growers welcome this change, it is predicted that the overall supply will decline, further impacting prices. The situation is complicated with calls for both extension and the end of the agreement, depending on regional interests.
Source: YAHOO