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Tariffs Threaten U.S. Avocado Supply, Sysco's CMO Warns

3/5/2025

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Gutierrez Addresses Tariffs

Victoria Gutierrez, Sysco's chief merchandising officer, is alarmed by looming tariffs on food imports from Mexico, Canada, and China. Despite diversifying suppliers post-Covid, Sysco struggles to satisfy the soaring U.S. demand for avocados, primarily sourced from Mexico. The recent 25% tariff imposed by the Trump administration adds to the mounting pressure on the food industry.

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Retailers Brace for Price Hikes

As Costco, BJ's Wholesale Club, and Kroger prepare to unveil their earnings, the shadow of rising produce prices looms large, a consequence of Trump-era tariffs. Target's warning of potential price hikes has rattled investors, causing a dip in retail stocks and igniting fears about the economic strain on everyday consumers.

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Retailers Anticipate Price Hikes

Retailers across the U.S. are gearing up for price increases as new tariffs on imports from Mexico, Canada, and China loom. Executives from Target and Best Buy caution that essential goods will soon become more expensive for consumers. The U.S. Chamber of Commerce is calling for a reevaluation of these tariffs, highlighting the potential economic burden on families and businesses alike.

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Gutierrez Addresses Tariffs

Victoria Gutierrez, Sysco's chief merchandising officer, is alarmed by looming tariffs on food imports from Mexico, Canada, and China. Despite diversifying suppliers post-Covid, Sysco struggles to satisfy the soaring U.S. demand for avocados, primarily sourced from Mexico. The recent 25% tariff imposed by the Trump administration adds to the mounting pressure on the food industry.

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