Mexican tomatoes could go up 20% by July if no deal is reached
Mexican tomatoes could go up 20% by July if no deal is reached
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The Department of Commerce's decision to terminate the tomato suspension agreement has prompted local officials and companies to voice their concerns.
This is because the industry brings over $8.3 billion to the United States with the Rio Grande Valley being one of the regions who benefits the most. A 20% tariff on Mexican tomatoes entering the United States is expected to take effect in July if no deal is reached.