The tomato tariff? US consumers set to pay price of Donald Trump’s trade war

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After Donald Trump’s decision to impose tariffs on imports from China, Mexico and Canada, US customers faced high prices for popular products such as tomatoes, avocados and tuckla.

The potential price is to point out the political risk that Trump has taken to follow a trade policy that can increase the cost of consumer products after the presidential election where voters expressed their disappointment with high inflation.

The tariffs returned to Trump’s first term in a similar action, but it was moderate inflation period and the current measures are even larger.

Amit Khandelwal, a professor of Global Affairs and Economics at Yale University, said, “I can imagine that retailers can absorb tariffs in a short time, but I think prices are about to rise with such hanging tariffs,”.

China, Mexico and Canada are three of the largest trading partners in the United States, which is responsible for about 5 percent of the country’s business. The United States is the largest market in Takila. Among the largest suppliers of agricultural products including Mexico and Canada Tomatoes and Avocado are about 90 percent of all avocado shipments in the United States from Mexico between 2019 and 2021.

“You feel the pain of this price when you don’t have a good option,” Khandelwal said. “Super bowls are coming up, people like to eat Guakamole. It can be as easy as it is not a real good option for it ””

China sells several billion dollars worth of US equipment and mechanical equipment a year, which goes into any popular tool from TV to iPhone.

“We still do not know how China will respond to an additional 10 percent tariff, but it will probably be revenge and lead to more consumer prices,” Sina Golara, assistant professor of supply chain and operations management in Georgia State, said the university’s business school.

Some effects will be offset by the weak Mexican paceo and the Canadian dollar, but Trump is at risk of inflation, leaving a low 10 percent tariff on fuel resources from Canada, which is the largest import of the United States from the country.

Morgan Stanley Economists warned that the impact of the tariff was first displayed in higher inflation, lagging behind in economic activities. They warned that it could reduce interest rates on any policy action in the US Federal Reserve.

“If we are right that inflation in Mexico, Canada and China will be in the inflation scene before slowing down the operations, Fed may be on the side for some time,” Morgan Stanley wrote on a note to clients on Sunday.

The White House said the tariff aim was to impose three countries illegal immigration and to press against drugs like Fentanil in the United States, popular issues among US voters.

It is hoped that the symptoms of these numbers in the desired direction can indicate that the tariffs were quickly lifted or faster.

In Canada, the most immediate impact can be seen on the shelves of the liquor store. Most of the provinces sell alcohol through government -owned stores, and a number of their retailers have ordered to pull the imported US boys starting on Tuesday.

Ontario Premier Dog Ford says its alcohol stores have sold about C. 1 billion US products annually. Ontario’s sanctions will basically cut the market for about 16 million people for American producers. According to Premier David AB, British Colombian ban will be targeted on alcohol imported from Republican -led “Red States”.

The Federal Government of Canada on Sunday released a list of 1,256 products that would hit its first round of revenge tariffs.

In addition to wood and dairy products, fresh fruits and vegetables, wood and paper products along with wood and paper products, some products such as washing machines, pajamas and handbags will all be affected.

Ministers hope that buyers will be able to switch to international or domestic options for these products, when they work on a more far -reaching duty response.

Canadian officials say the list of products was created to combine the electoral sectors in the United States, including exports to the Republican -led state with Trump. These include products such as orange juice from Florida and tools made in South Carolina and Ohio.

By additional reports Christine Murray in Mexico City