Source: POLITICO'S MORNING AGRICULTURE, 5/8/19

Mexican tomatoes entering the U.S. will be hit with a 17.5 percent tariff after the Commerce Department terminated a decades-old tomato deal between the countries, write POLITICO's Sabrina Rodriguez and Oma Seddiq.

By the numbers: Mexican exporters will face additional costs worth $350 million each year, according to Mexico's Economy Ministry. U.S. consumers could eventually see tomato prices at the grocery store jump by 40 percent or more, according to an Arizona State University study commissioned by the Fresh Produce Association of the Americas.

The deal's termination reopened an anti-dumping investigation against Mexican tomato imports, but Commerce Secretary Wilbur Ross said the U.S. will continue working with Mexico toward a revised tomato pact.