Summary: "If President Trump goes through with a proposal to tax Mexican imports, prepare to spend more for a bowl of guacamole." The US expected to get 80% of their avocados from Mexico in 2017 says the president of the California Avocado Commission. If you're wondering, that's 2.14 billion pounds of avocados. Only 10% of avocados are grown in the US, meaning the country cannot meet the demands for avocados. "I'd say it's all but impossible for California to get anywhere close to meeting the demand," says the CAC president. Despite all this, Mexican avocado growers say they are not concerned.
Analysis: I think that people often over look the small things when they have ideas. I doubt Trump put a lot thought into how putting a heavy tax on Mexican imports would actually affect the population. This could be compared to the taxes Britain placed on America leading up to the American Revolution.
Article: http://money.cnn.com/2017/01/27/news/economy/avocados-trump-mexico/index.html
I was reading this earlier and thought the same thing. Great article.
ReplyDeleteIt's really interesting to see the statistics on this and how not only will it directly affect avocado imports, but probably the food industry as a whole.
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