MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum on Tuesday said Mexico will take action if an agreement with Washington regarding new tariffs is not reached by the August 1 deadline set by her U.

Guajillo's on Padre Island struggles with smaller, more expensive tomato shipments from Mexico as the 17% tariff is implemented. More import tariffs are set to take effect August 1.

If a 30 percent tariff on Mexico goes into affect on August 1, a wide variety of foods will be more expensive, experts warn.

Businesses typically pass tariff costs onto consumers through higher prices. Sometimes, that process is less subtle.

Economists and investors are left guessing by President Donald Trump’s tariff agenda as he grants extensions then threatens higher tariffs in letters to trading partners. It remains to be

"It’s all going to be the same for everyone," the president told reporters of the U.S. duty those countries will face.