UPDATE: U.S. Tariffs on Mexican Imports
June 07, 2019
Markon’s Mexican suppliers of fresh fruits and vegetables continue to await further details on whether or not a five percent tariff will go into effect Monday, June 10. At this time, no notifications have been sent to Markon regarding price increases due to tariffs. Many customs brokers believe that if tariffs do go into effect next week, not all importers will be able to comply as systems are not in place yet.
It is expected that each grower/shipper will handle the potential tariffs differently, and most have yet to determine if fixed costs will be absorbed and/or passed along.
Markon will continue to update as more information becomes available.
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