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Trump slaps 17% tariff on imported tomatoes from Mexico to boost domestic production
Mexico currently supplies around 70% of the U.S. tomato market, up from 30% two decades ago, according to the Florida Tomato Exchange.
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Trump’s Commerce Department imposes tariffs on tomatoes from Mexico, prices could soar
The U.S. Department of Commerce on Monday imposed an immediate 17.09% tariff on tomatoes imported into this country from Mexico. Most of the tomatoes sold in Arizona come from Mexico.
Trump announces 30% tariffs on Mexico, European Union
President Donald Trump posted letters to the leaders of Mexico and the European Union, saying they had not done enough to head off the new tariffs.
Inflation jumped last month hitting its highest mark in months amid Trump’s tariffs threat
Inflation ticked up to its highest level in months in June amid concerns about President Donald Trump’s threats surrounding tariffs and his larger global trade war. The Bureau o
President Trump announces new tariffs, including 17% tariff on fresh Mexican tomatoes
The move comes amid a separate push by President Trump to increase tariffs on dozens of U.S. trading partners, including Mexico, which was told over the weekend to expect 30% tariffs starting in August.
US inflation rises as tariffs drive up prices
Energy and housing costs were the major drivers of inflation, but consumers are starting to feel the impact of tariffs on basic goods.
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