Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

Mexican avocado endangered by Trump's 20% tax

Trump's threat to implement a 20% tax on Mexican products has avocado lovers in the United States shaking in their boots.

On Wednesday, Sean Spicer, the spokesman for the White House said that President Donald Trump intended to implement a 20% tax on all imports from Mexico to pay for the wall that he wants to build at the border. The information came after the president of Mexico, Enrique Peña Nieto, cancelled his meeting with Trump on January 31.

Social network users linked the news with avocados immediately. Mexico is the biggest producer of avocados in the world. 

The first thing they thought about was rising prices. Some even suggested buying hundreds of avocados and freezing them before the tax is implemented. Naturally, many thought of how the Super Bowl would be without guacamole. It's worth noting that the 'Avocados from Mexico' brand has ads in the Super Bowl. According to one consumer, an increase in the price of avocados is reason enough for California to secede from the United States. On the other hand, a lower demand for avocados would be good for the environment as there would be less deforestation in Mexico.

Who benefits?
Fewer imports of avocados from Mexico would benefit producers in California and Florida. However, they can't guarantee to meet the country's demand. It's also unclear who would be responsible for planting and harvesting the crop, as this usually relies on Mexican workers.

Chile, Peru, and the Dominican Republic would increase their exports, but they might also be unable to meet demand.


Source: laopinion.com
Publication date: