Tariffs could potentially lead to a $250 million increase in banana prices.

2025-04-08 00:00

The Banana Association of North America (BANA) has announced that the cost of bananas could increase by up to $250 million per year due to the 10 percent reciprocal tariff imposed by the Trump Administration on April 5. The U.S. Department of Agriculture reports that over $2.5 billion worth of bananas are imported each year.

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