Trump, EU and Mexico
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Mexico tomato tariff won't affect his prices
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BEAUMONT, Texas — A new 17% tariff on all fresh tomatoes imported from Mexico took effect after the U.S. formally withdrew from the Mexico trade agreement , raising concerns about potential price increases for American consumers and small businesses.
While Mexico was spared from Trump's so-called "Liberation Day" tariff rollout on April 2, the 30% rate for the E.U. is 10 percentage points higher than what the president said he would apply to America's largest trading partner in April but lower than his mid-May threat of 50%.
The Mexican delegation in Washington expressed disagreement with the tariff announcement and considered it “unfair treatment,” according to a government statement.
Despite tariff uncertainty, nearshoring continues to reshape North American freight, increasing the importance of cross-border trade, but requiring supply chain adaptability. Trade between the U.S. and Mexico continues to surge,
Niti Aayog report highlights India's tariff advantage over China, Canada, and Mexico in key sectors amid evolving US trade policies.