YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
A U.S. tariff on imported Mexican tomatoes will lead to a large price increase, USA Today reports.
The 17.5% tariff will mean a 40%-85% increase in vine-ripe and other fresh tomatoes, according to estimates from Arizona State University.
“The Department of Commerce remains committed to ensuring that American domestic industries are protected from unfair trading practices,” Secretary of Commerce Wilbur Ross said in a statement. “We remain optimistic that there will be a negotiated solution.”
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