US imposes a 17% duty on fresh Mexican tomatoes in hopes of boosting domestic production
US imposes a 17% duty on fresh Mexican tomatoes in hopes of boosting domestic production

US imposes a 17% duty on fresh Mexican tomatoes in hopes of boosting domestic production

The U.S. government said Monday it is immediately placing a 17% duty on most fresh Mexican tomatoes after negotiations ended without an agreement to avert the tariff.
And who will be working those farms? But I’m sure somebody in the administration figured a way to short a stock involving it, somehow
No, Trump did this. ICE is his tool to do this, but make no mistake, Trump is to blame.
Nitpick: this would be shorting a future, not a stock.
Futures are typically “physical” goods like oil, bananas, cheese, maple syrup, etc. there are also other types of futures.
These commodities futures were originally created in the 1600s in Japan for rice, but they got their mass appeal in Chicago in the late 1800s.
The trading floors in Chicago are pretty cool and have a ton of interesting history.
Thanks for the clarification. I figured there was something you could bet against, but forgot about futures. Appreciate it!
what's it called when you're shorting your children's futures