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🏡 Market Snout-Out: How Mexico Tariffs Could Squeeze Your Wallet 🐷💸

Writer: Neil CaronNeil Caron

The latest 25% tariff on Mexican imports is set to make waves in American households—and your grocery bill might be one of the first places you feel it. With Mexico being America’s largest trading partner, the U.S. imported $506 billion worth of goods from Mexico in 2024. Now, with Mexico hinting at retaliatory tariffs, prices on everyday essentials could be heading sky-high.


Last week, ReadySetLoan broke down how tariffs on Canadian goods could impact your day. Today, we’re diving into the rising costs of Mexico-imported products—and how they could hit your weekend plans harder than you expect.


🥑 Breakfast Budget Buster: Avocados

You’re making a fresh omelet when you realize you skipped the avocado—because it was outrageously priced at the supermarket this week.

🐷 90% of avocados in the U.S. come from Mexico, totaling $3.4 billion in imports last year. Expect that guacamole to cost you extra.


🚤 Boat Dreams on Hold: Watercraft Costs Rise

Out for a weekend cruise with a friend, you think about buying your own boat—until you remember prices shot up 25% overnight.

🐷 85% of outboard motorboats, rowboats, and canoes imported to the U.S. came from Mexico in 2024, totaling $568 million.


🍺 Beer Budget Takes a Hit

You crack open a cold one—only to realize you only bought a six-pack because prices have soared.

🐷 83% of imported beer in the U.S. comes from Mexico, with $6.2 billion worth brought in last year. Cheers to that... if you can afford it.


🍉 Watermelon Woes: Fruit Prices Climbing

A quick grocery run reveals jaw-dropping prices for barbecue essentials.

🐷 95% of watermelons imported to the U.S. (April-November) come from Mexico, adding up to $273 million in imports.


🌽 Corn Costs on the Rise

Sweet corn on the grill? Not at these prices!

🐷 87% of sweet corn imports come from Mexico, worth $78 million last year.


🍹 Margarita Sticker Shock

It’s time for a refreshing margarita, but a glance at the liquor store receipt makes you do a double take.

🐷 Nearly 100% of tequila imported to the U.S. is from Mexico, totaling $5.2 billion—and prices are climbing.


🍋 Sour Squeeze on Limes

Trying to cut costs, you water down your margarita and skip the fresh lime garnish.

🐷 81% of limes imported to the U.S. come from Mexico, with $66 million worth of imports in 2024.


🏡 What’s Next?

Tariffs don’t just impact groceries and leisure—they can affect home construction, loan rates, and even the cost of homeownership itself.


At ReadySetLoan, we keep a close watch on economic trends that could impact homebuyers and homeowners alike.

Want to stay ahead of the market? Connect with ReadySetLoan to make informed financial moves—because these price hikes might not stop at the supermarket.


🐷 Stay tuned for the next Market Snout-Out! 🏡💰🚀



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