Tomato prices expected to jump
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With tariffs pushing prices up, a Cincinnati greenhouse shares how home gardening can keep fresh tomatoes — and cash — in your pocket.
The U.S. ends a nearly 30-year-old trade agreement with Mexico this month. Here's how it could impact the cost of this kitchen staple.
New U.S. tariff imposes 20.91% on Mexican tomato imports, potentially raising prices in stores and restaurants.
The U.S. Commerce Department has imposed a 17% tariff on most Mexican-grown tomatoes, ending a decades-old trade agreement designed to prevent unfair pricing from Mexican exporters.
A trade agreement that kept Mexican tomato prices in check is about to lapse. Once it does, importers face steep tariffs — and costs may pass quickly to consumers. With supply tightening and demand peaking,
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The price of tomatoes could soon be going up, and finding them at the grocery store could become more difficult due to a combination of new tariffs and labor shortages.
Although the price of a bunch of tomatoes may only increase by a few dozen cents, the increase comes at a time when consumers are already sick of inflation, and when tariffs threatened by the Trump Administration could further drive up prices, he says.
With new tariffs on tomatoes from Mexico falling during Maryland’s tomato season, farmers are hopeful that more people will make the switch to local produce.