News / Tariffs on Mexico could drive huge shift in air and sea perishables trade

© Barmalini

Air and sea tradelanes could see a significant shift: President Trump’s tariffs on Mexican products could revolutionise the global perishables trade if US consumers reject higher prices. 

Target CEO Brian Cornell told CNBC yesterday: “We know for certain that categories, like fruits and vegetables, where during this winter season we depend on Mexico for a significant amount of supply, are categories where we’ll try to protect pricing, but the consumer will likely see price increases over the next couple of days. 

“Those ...