Guac shock: Tariffs take a bite out of avocado importers

Mexican food: guacamole and nachos shot from above on dark wooden table.

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Shares of Calavo Growers (CVGW), Mission Produce (NASDAQ:AVO) and other produce importers are all trading defensively into Monday’s open as President Trump’s decision to impose 25% tariffs on imports from Mexico are expected to weigh on their bottom line.

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