Your grocery bill could rise as fresh tomato prices set to jump [FOX Business Network]
Walmart Inc. (WMT)
Last walmart inc. earnings: 2/18 06:00 am
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Source: FOX Business Network
Tomato costs could see an uptick if the trade deal between the U.S. Commerce Department and Mexican tomato exporters ends next week as planned. For instance, major U.S. tomato importer NatureSweet Ltd. confirmed to FOX Business that it may raise prices by nearly 10% if the trade deal is terminated. If the deal ends, there will be a levy of more than 20% on tomato exports starting July 14, according to the U.S. Department of Commerce. CEO Rodolfo Spielmann said in an interview with Bloomberg News that, given its thin margins, "there's no scenario" where the company can "absorb those tariffs." The company is among the largest tomato distributors in North America. Its products are widely available across major U.S. retailers, including Walmart, Kroger, Sam's Club and Whole Foods. "While we remain optimistic that the administration will strike the right deal and avoid price increases, as a Texas-based U.S. company in a low-margin business, we will really have no choice but to rai
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WMT
Earnings
- 11/20/25 - Beat
WMT
Sec Filings
- 12/23/25 - Form 144
- 12/23/25 - Form 4
- 12/19/25 - Form 4
- WMT's page on the SEC website