Mexico will soon pay a 17% tariff on fresh tomatoes into the U.S.
Officials hope the move will boost production here at home.
The Florida Tomato Exchange says that Mexico supplies around 70% of the U.S. tomato market. That is up from just 30% 20 years ago.
Leaders at the Tomato Exchange call the tariff a big win for American farmers, but opponents worry it will raise prices for American consumers.
Mexico calls the move unfair and says that their fruits have grown in popularity in the U.S. because of their quality, not unfair practices.
Related Stories
The farm bill is still moving, but the toughest amendment fights were pushed into today’s session. ASA President Scott Metzger joins us to discuss the risks of tariff actions on soybean exports, concerns over trade policy and production costs, and the importance of Farm Bill updates.
Strong demand for U.S. beef in Mexico is boosting exports, with buyers seeking both variety meats and high-quality cuts like Prime and Choice ribeye.
Oklahoma livestock economist Dr. Derrell Peel helps us break down the April Cattle-on-Feed report and what it signals for herd rebuilding, supplies and prices moving forward.
Tariff refunds are underway, potentially returning billions to importers, as agriculture groups push for a larger role in trade policy and investigations.
Groundbreaking Marks Next Major Milestone in Strengthening U.S. New World Screwworm Preparedness