Trump Says He’s Open to Tariff Talks With EU
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Mexico tomato tariff won't affect his prices
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MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum on Tuesday said Mexico will take action if an agreement with Washington regarding new tariffs is not reached by the August 1 deadline set by her U.
In the wake of new tariffs, the San Diego Regional Chamber of Commerce announced Monday that its senior leadership met with U.S. Ambassador to Mexico Ronald Johnson and emphasized the importance of a stable trade relationship between Mexico and the United States.
The U.S. government said Monday it is placing a 17% duty on most fresh Mexican tomatoes, after negotiations over alleged unfair trade practices ended without an agreement to avert the tariff.
Businesses typically pass tariff costs onto consumers through higher prices. Sometimes, that process is less subtle.
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If a 30 percent tariff on Mexico goes into affect on August 1, a wide variety of foods will be more expensive, experts warn.