Mexican Hass avocado prices jumped 34 percent Tuesday

Getty images

The price for Hass avocados from Michoacán, Mexico’s main avocado producing region, increased 34 percent on Tuesday amid President Trump’s calls to shut down the U.S.-Mexico border, Bloomberg News reported Tuesday.

That was the biggest one-day increase since 2009, according to the news outlet, which noted that 75 to 80 percent of avocados consumed in the U.S. come from Mexico. 

{mosads}If Trump were to close the border, the U.S. would face a severe shortage of the fruit. 

Separately, the head of the world’s largest avocado distributer told Reuters that the U.S. would run out of avocados in three weeks if the border was shut down. 

Trump threatened to close the border on Friday unless Mexico stopped all illegal immigration to the U.S. 

“If Mexico doesn’t immediately stop ALL illegal immigration coming into the United States throug [sic] our Southern Border, I will be CLOSING…..” he tweeted. “….the Border, or large sections of the Border, next week.”

Trump has since shifted on the issue, saying instead that he would only close down the border if he could not reach a stricter immigration agreement with Congress

“I haven’t made that intention known. And I’m ready to close it if I have to close it,” he told reporters Tuesday. 

Tags Avocados Donald Trump Mexico Mexico City U.S.-Mexico border

Most Popular

Load more


See all Video