Trade
A Tomato Fight With Mexico Is Set to Boost US Prices Nearly 10%
A bucket of tomatoes during a harvest at a farm in Limon de Los Ramos, Mexico.
Photographer: Jeoffrey Guillemard/BloombergConsumers may soon be paying more for fresh tomatoes as a decades-long deal with Mexico expires in less than a week, absent a last-minute deal or extension.
US tomato importer NatureSweet Ltd. told its customers last week that it would have to raise prices nearly 10% if the agreement ends, Chief Executive Officer Rodolfo Spielmann said in an interview Tuesday.