Tariffs on Mexican imports may increase the price you pay for apples
Share Now on:
The Trump administration announced this morning a new tariff on Mexican imports. The proposed goal of the imports tariff is to stop the flow of immigrants across the U.S.-Mexico border, according to the New York Times.
In light of this news, Marketplace decided to check in with a regular on the show, Patrick Smith of Loftus Ranches, a family-run farm that grows apples and hops in Washington state.
Washington produces a large majority of the nation’s apple supply, and Mexico is the biggest export customer of Washington’s apples.
“Exports of U.S. apples are down about 30% year over year after a number of years of solid growth,” Smith told Marketplace. “That just backs up a lot of the product into the U.S. market and throws a lot of uncertainty into the mix.”
Click the audio player above to hear the conversation.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.