Power
Avocado halves pattern with hard shadow and trendy lighting on yellow background
Avocados (Getty Images)

Tariffs on Mexican goods are getting ready to hit you right in the avocados

Here’s how Trump’s Mexico tariffs might affect your day-to-day.

3/5/25 1:12PM

The effects of the Trump administration’s new 25% across-the-board tariffs on Mexican imports will be hard to miss. Mexico is, after all, America’s largest trading partner. The US imported $506 billion worth of goods from Mexico in 2024, and Mexico imported $334 billion worth of American goods. Mexican leaders say they’re baffled by Trump’s actions and will be announcing a raft of retaliatory tariffs soon. 

Yesterday we looked at a day in the life of Canadian tariffs. Today, let’s take a look at all the things you might encounter during a typical day that are likely to have been imported from Mexico.

It’s the weekend. You wake up a little groggy from your night at the pub. Nothing that a good omelette won’t fix. You whip up some eggs and chop some vegetables. That’s when you realize you are out of avocados, because their price was outrageous at the supermarket this week. 

🥑 90% of avocados imported to the US come from Mexico. The US imported $3.4 billion worth in 2024. 

After breakfast, you head to the marina, where you meet a friend for an outing on their boat. As you speed across the water, you think about how nice it would be to have a really nice boat of your own. But last time you looked, the prices had shot up 25%, making them further out of reach...

🚤 85% of outboard motorboats, rowboats, and canoes imported to the US came from Mexico in 2024. The US imported $568 million of these watercraft in 2024.

While out on the boat, you open your cooler and pop open a frosty beer (maybe one of Constellation Brands’ Coronas). But you only picked up a six-pack, as they have gotten so expensive recently. 

🍺 83% of beer imported to the US comes from Mexico. The US imported $6.2 billion worth of beer from Mexico in 2024.  

It’s getting late! You need to run to the grocery store to pick up some things for the barbecue dinner you’re hosting tonight. Hold up — when did watermelons get so expensive?!

🍉 95% of the watermelons imported to the US (between April 1 and November 30) come from Mexico. $273 million worth were imported to the US in 2024.  

You hop to the other side of the produce section to grab some sweet corn to throw on the grill. Yikes! Even corn has gotten pricey. 

🌽 87% of sweet corn imported to the US comes from Mexico. The US imported $78 million worth in 2024. 

After the stress of trying to shop for groceries, you start making a batch of margaritas. You do a double take at your receipt from the liquor store. Tequila prices have shot up, too! Technically, tequila can only be called tequila when its made in Mexico, so there’s no way around this one.

🍹 Almost 100% of the tequila imported to the US comes from Mexico. The US imported $5.2 billion worth in 2024. 

You take a sip of your cold margarita, but it tastes a little rough because you watered it down with a lot with a mixer and passed on the fresh limes. 

🍋‍🟩 81% of the limes imported to the US come from Mexico. The US imported $66 million worth in 2024. 

As you throw back the drink, you wonder what could be next. 

Source: United States International Trade Administration.

More Power

See all Power
power

The DOJ is suing Uber, alleging the company discriminates against passengers with disabilities

The Department of Justice has filed a lawsuit against Uber on Thursday, alleging that the company routinely and illegally discriminates against passengers with physical disabilities.

The lawsuit, filed in federal court in San Francisco, alleges that Uber’s drivers regularly refuse service to passengers with service animals and stowable wheelchairs. Some passengers are charged cleaning fees for service animals and cancellation fees after being refused a ride, the lawsuit alleges. According to the complaint, others are insulted or denied requests like sitting in the front seat due to mobility issues.

“Ubers discriminatory conduct has caused significant economic, emotional, and physical harm to individuals with disabilities,” the lawsuit reads.

A survey last year by the organization Guide Dogs for the Blind found that more than 83% of people who are blind or visually impaired said they’ve been denied ride-share service.

In a statement to Bloomberg, Uber disagreed with the lawsuit, saying it has a “zero-tolerance policy for confirmed service denials.”

power

Draft Senate bill gives AI companies a two-year pass on federal regulation, Bloomberg reports

Bloomberg reports that a draft bill from Senator Ted Cruz would give AI companies a two-year pass from any federal regulation when they apply to be part of a White House-controlled “regulatory sandbox.” Such a regulatory framework frees participating companies from federal agency oversight while simultaneously handing President Trump broad powers to shape a still nascent and increasingly powerful industry.

The draft bill allows companies approved for the waiver to request renewals for up to eight years, according to the report.

The fast-moving generative-AI boom that took the tech world by storm was kicked off by the release of OpenAI’s ChatGPT less than three years ago. A potential decade free of federal regulations would be a huge win for companies like Meta, Google, OpenAI, and Amazon.

In July, the US Senate voted 99-1 to kill a planned provision from President Trump’s massive tax bill that would have prevented any state from regulating AI for 10 years.

The fast-moving generative-AI boom that took the tech world by storm was kicked off by the release of OpenAI’s ChatGPT less than three years ago. A potential decade free of federal regulations would be a huge win for companies like Meta, Google, OpenAI, and Amazon.

In July, the US Senate voted 99-1 to kill a planned provision from President Trump’s massive tax bill that would have prevented any state from regulating AI for 10 years.

power

Airbus faces a 10-day strike from UK workers, mirroring Boeing’s labor strife

Thousands of UK union Airbus workers plan to strike for 10 days in September amid a contract dispute.

The union workers build wings for Airbus’ commercial jets, threatening a production slowdown for the European plane maker.

As Airbus’ labor tension builds, rival Boeing’s has already boiled over: earlier this month, more than 3,000 Boeing workers who build military aircraft started a strike that remains ongoing. The action came less than a year after the company faced a two-month stoppage from a machinist strike.

Airbus, for now, says it doesn’t see the strikes affecting full-year deliveries.

As Airbus’ labor tension builds, rival Boeing’s has already boiled over: earlier this month, more than 3,000 Boeing workers who build military aircraft started a strike that remains ongoing. The action came less than a year after the company faced a two-month stoppage from a machinist strike.

Airbus, for now, says it doesn’t see the strikes affecting full-year deliveries.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.