Yesterday 12:01 pm
Zeets2 » Today, 10:47 am » wrote: ↑ Glad to hear you admit it!
Grocery prices are higher for ONE REASON ONLY!
BIDEN CAUSED THE WORST INFLATION IN THIS COUNTRY FOR THE LAST 40 YEARS!
And now, Trump has reversed it and brought inflation back down to the level he left Biden with 4 years ago!
You're **** welcome!!!
keep dreaming................
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-----------------------The Trump administration imposed a 25% tariff on products imported from Mexico and Canada Tuesday, plus an additional 10% tariff on Chinese imports, on top of the 10% tariff on Chinese products levied earlier this year.A range of U.S. grocery products are sourced from all three countries, but fresh fruits and vegetables in particular are under threat of immediate price increases as they have a short shelf life and a significant share are imported from the U.S.’s two neighbors: Mexico and Canada supplied 51% and 2%, respectively, of fresh fruit imports, and 69% and 20%, respectively, of fresh vegetable imports in 2022, according to the USDA.Fresh strawberries, raspberries, avocados and tomatoes are among the top agricultural exports from Mexico to the U.S., according to the USDA, while meat and other animal products, grains and feeds and oilseeds are among the top agricultural imports to the U.S. from Canada.In 2023, the U.S. imported $45 billion in agricultural products from Mexico, including $9.8 billion in fresh fruits and $8.5 billion in fresh vegetables: $1.3 billion of fresh and frozen strawberries, $2.7 billion of tomatoes and $1.5 billion in fresh peppers.The U.S. imported $2.7 billion of avocados from Mexico in 2023 and was the top market for Mexican avocado exports, while beer and tequila made up 13% and 10%, respectively, of U.S. agricultural imports from Mexico in 2023.Meanwhile, Canada exported around $40 billion in agricultural products to the United States in 2023, including $9.8 billion worth of grains and feeds, $4.8 billion of rapeseed oil, $4.7 billion of biscuits and wafers, $4.2 billion of red meat (mostly beef and veal), $2 billion of cocoa and $1.9 billion of frozen vegetables, according to USDA data.Target CEO Brian Cornell said Tuesday customers will likely see an increase in prices on fruits and vegetables within a matter of days, noting “during this winter season we depend on Mexico for a significant amount of supply” and that fresh produce has “a really short supply chain.”