KEY TAKEAWAYS
- Most of President Donald Trump’s tariffs remain in place, and these trade duties on imports have partially increased costs.
- As an example, Investopedia found that the price of grape tomatoes at three popular retailers is higher than it was when tariffs were not in effect.
Trade policies are filtering down to household budgets, and tomatoes may be an indicator of just how quickly prices are rising.
Tariffs were a primary focus of the Trump administration at the beginning of the year. The reciprocal tariffs on dozens of countries have been in place for more than three months. Several other trade duties on specific items imported into the U.S. are also in effect. Inflation reports indicate that prices have risen over the year, and experts attribute this at least partly to tariffs.
Since mid-April, Investopedia has been tracking the prices of select household goods each week to gauge the changes in prices since tariffs were announced.
While you can’t track inflation by tracking one item, and prices at stores may change for reasons other than tariffs, this tracker displays how the cost of a commonly purchased item has changed since the trade duties were implemented. Since prices may vary across different regions, Investopedia is measuring price changes, rather than exact pricing.
Specifically, the cost of tomatoes across retailers has varied from week to week, with pricing fluctuating up and down. Even with fluctuations, the current prices of grape tomatoes are higher compared to when Investopedia first started tracking them on April 23.
As of Nov. 19, grape tomatoes from Walmart are 4% more compared to when Investopedia first started tracking. At Target, the tomatoes are 8% more expensive, and Amazon’s tomatoes are 18% more expensive than they were when we first began following the prices.
Why This Matters
This tracker displays how costs have varied since tariffs were implemented. It shows that most Americans have experienced price hikes for at least one commonly purchased item at grocery stores.
Which Tariffs Are Impacting Tomatoes
The main trade duty on imported tomatoes is a 17.09% tariff on most tomatoes from Mexico, which took effect on July 14. The Department of Commerce announced this tariff in April, saying Mexican imports have been unfairly priced, and this “action will allow U.S. tomato growers to compete fairly in the marketplace.”
Mexico supplies about 70% of all tomatoes in the U.S., according to the Florida Tomato Exchange.
President Donald Trump’s “reciprocal” tariffs officially took effect on Aug. 7, but have less of an impact on tomatoes. These country-specific tariffs do not impact goods that comply with the U.S.-Mexico-Canada Agreement, which includes tomatoes. The U.S gets about 12% of its imported tomatoes from Canada, according to data from the U.S. Census Bureau.
However, the reciprocal tariffs did impact other countries, such as New Zealand, Moldova, Ecuador, and Japan, whose tariff rates ranged from 15% to 25%. In 2024, these countries imported approximately $173,917 worth of tomatoes, accounting for about 0.005% of the total tomatoes imported by the U.S.
Last week, Trump announced that the reciprocal tariffs would be lifted from certain agricultural products, including tomatoes. However, the tariffs on Mexican tomatoes will likely remain, as this trade duty was not part of Trump’s sweeping reciprocal tariffs.
