U.S. tomato prices will likely rise as the country officially retreats from a longstanding trade agreement with Mexico. Why it matters: Americans buy a lot of tomatoes, and this tariff will likely affect the cost of everything from salsa to Caprese salad.

American consumers could see a price hike and some restaurant owners may face shutting down, as a nearly three-decade-old US-Mexico trade agreement may give way to 20.9% tariffs on most Mexican tomato imports on July 14.