BUSINESSAP NEWS
Tomatoes become latest symbol of America’s affordability squeeze
Tomato prices in the U.S. have surged by 40% over the past year, driven by trade policies and the Iran war under President Donald Trump, leading to higher shipping costs and tariffs on Mexican imports. Consumers and businesses face financial strain, with tariffs on tomatoes increasing from $16,424 in 2024 to $4.6 million in 2026.
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