A study from Arizona State University's school of agribusiness found that if the tomato trade agreement were ended, it would have a ripple effect across the state's economy. The sector supports around $3 billion in economic activity, upwards of 20,000 jobs, and almost $150 million in state and local taxes, the study found.

The US economy continues to grapple with the effects of tariffs imposed during the Trump administration. Market volatility and inflation concerns are at the forefront, impacting consumer confidence and business strategies.