Amid Cinco de Mayo celebrations, a tax on Mexican tomatoes looms

Guacamole has been spared from tariffs for now. But salsa may not be so lucky.

While President Donald Trump put threatened tariffs on Mexican avocados on pause, the U.S. government plans to put a nearly 21% duty on fresh Mexican tomatoes starting July 14. A duty — like a tariff — is a tax on imports, and this one would impact the 4 billion pounds of tomatoes the U.S. imports from Mexico each year.

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. Mexico currently supplies around 70% of U.S. tomato market, up from 30%

→ Continue reading at The Associated Press

Similar Articles

Advertisment

Most Popular