Browsing All posts tagged under »avocados«

Phony Guacamole: Skyrocketing Avocado Prices have Caused a Frightening New Trend

July 24, 2019 by

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by David Watsky Avocado prices are on the rise due in part to increased global demand, a reportedly bad growing season, as well as unfavorable geopolitical headwinds—namely tariffs on Mexican imports from the current administration. The ripple effect can be felt in supermarkets where the price of avocados is up 129 percent. Last week USA […]

Chipotle says it will hike the cost of burritos if Trump slaps tariffs on Mexico

June 4, 2019 by

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by Jeanette Settembre Chipotle (CMG)  could raise prices for its burritos if President Donald Trump follows through with his threat to impose tariffs on products from Mexico next week. Trump said last week he would implement a 5% tariff on all goods and imports from Mexico beginning June 10 unless “the illegal migration crisis is […]

Avocado shortages, virgin margaritas: Border shutdown would hit American palates

April 1, 2019 by

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By Kate Dugu President Donald Trump’s threat to shut down the U.S.-Mexico border would hit American consumers – in the gut.From the avocados on avocado toast, to the limes and tequila in margaritas, the United States is heavily reliant on Mexican imports of fruit, vegetables and alcohol to meet consumer demand. Nearly half of all […]