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
Farmers for Free Trade Executive Director Brian Kuehl shares more about the tour to gather farmers’ insights on the economic challenges they face in the ag economy.
An import lag for ground beef will likely look different than last year’s egg shortage. The difference comes down to biosecurity and market flexibility.
Texas A&M livestock economist Dr. David Anderson joins Tony St. James to discuss the geopolitical tensions and U.S.-Mexico border closure that are leading to sharp swings in the cattle market.
Farm Bureau Economist Faith Parum discusses key outcomes from the U.S.-China trade agreement and the benefits of expanding trade across Southeast Asia.
U.S. Senator Roger Marshall (R-KS) shares his perspective on the U.S.-China trade developments and their potential impact on American producers, farmers, and ranchers.
Rich Nelson, a commodity broker for Allendale Inc., joins us to break down what the U.S.-China trade agreement means for the ag economy.
Expect incremental near-term lift for feed grains, proteins, and ethanol as tariff cuts and smoother approvals translate into real orders.
Trade pacts with Malaysia and Cambodia unlock tariff-free and preferential lanes for key U.S. farm goods, expanding long-term demand in Southeast Asia.