The U.S. has paused tariffs on Mexican avocados but plans to impose a nearly 21% duty on fresh Mexican tomatoes starting July 14. This duty intends to support the U.S. tomato industry, which now relies heavily on Mexican imports. Proponents argue it is necessary for fair pricing and industry sustainability, while opponents warn it could lead to higher consumer prices. The tomato market, predominantly supplied by Mexico, could see retail prices rise significantly if these duties are enacted, as businesses will need to pass on additional costs to consumers.
We will look for ways to adapt or streamline our operations, but the truth is, we are always doing that so we run an efficient business already.
Unless we even the playing field in terms of fair pricing, you're not going to have a domestic industry for fresh tomatoes in the very near future.
Proponents say the import tax will help rebuild the shrinking U.S. tomato industry and ensure the produce eaten in the U.S. is also grown there.
Tim Richards, a professor at the Morrison School of Agribusiness at Arizona State University, expects U.S. retail prices for tomatoes to rise by about 10.5% if the duty goes through.
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