"It is not possible to counterbalance a 50 percent tariff without raising the retail price."
2025-08-27 00:00
Source:
Freshplaza.com
Imported fresh produce from Brazil to the United States is now facing a 50 percent import tariff, which was implemented on August 6, 2025. Andrés Ocampo, CEO of HLB Specialties, a company that imports papayas from Brazil, mentioned that it is too early to evaluate the effects of this tariff as it has only been in place for three weeks.
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