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Latin Times
Latin Times
Business
Pedro Camacho

Importers Say Retailers May Keep Banana Prices High Despite Lower Tariffs

Bananas are among the agricultural products for which the Trump administration has lifted tariffs (Credit: Via Pexels)

U.S. produce importers told FreshPlaza that the recent rollback of tariffs on bananas and other agricultural imports may not lead to lower consumer prices, despite President Donald Trump's announcement that new trade deals with Guatemala, El Salvador, Ecuador, and Argentina would reduce costs on several produce items.

In interviews with the outlet, importers said many retailers had already raised banana prices this year and are unlikely to reverse course even as their own import costs decline.

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