The imposition of tariffs in 2018 led to a $27 billion decline in U.S. export revenues as trading partners retaliated against American goods, impacting the agricultural sector.
Approximately 90% of avocados consumed in the U.S. are imported from Mexico, highlighting the potential luxury price tag guacamole could face if tariffs are reintroduced.
Over half of American farmers reported labor shortages in 2022, a significant rise from 14% in 2014, indicating the agricultural sector's reliance on undocumented workers.
With the incoming administration's plans to crack down on undocumented immigrants, farms and related businesses in the U.S. may face severe labor shortages and increased operational costs.
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