New tariffs could raise prices on tomatoes as soon as today
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US import prices rise marginally
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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.
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Investopedia is tracking the prices of toasters, tomatoes and toilet paper—our 3T Survey—for a snapshot of how tariffs are working their way through the economy.
American consumers could see a price hike and some restaurant owners may face shutting down, as a nearly three-decade-old US-Mexico trade agreement may give way to 20.9% tariffs on most Mexican tomato imports on July 14.
President Donald Trump announced new tariffs on imports from the European Union (EU) and Mexico, aiming to improve trade deals and national security, while economists warn of potential price increases.
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New tariffs on imports could raise prices for everyday grocery itemsNew tariffs on imported products from Mexico and Canada are already beginning to impact prices on everyday items. Consumers can expect to see higher prices for common produce such as cucumbers ...
Tangent. Grocery prices rose 0.5% in January, representing a 1.9% increase from January 2024, according to the Bureau of Labor Statistics’ Consumer Price Index.
Ford Motor Co. is increasing prices on its Mexico-built vehicles by as much as $2,000, becoming one of the first automakers to announce a price hike because of tariffs.
President Donald Trump's tariffs on Mexico and Canada could take effect next month, with consumers likely to see prices rise for several types of products if they move forward.
According to Automotive News, the president-elect is floating a 60 percent increase on Chinese products and 20 percent increase on all other imports. For Canada and Mexico, a 25 percent tariff ...
U.S. consumer prices picked up in June, likely marking the start of a long-anticipated tariff-induced increase in inflation that has kept the Federal Reserve cautious about resuming its interest rate cuts.