The U.S. government says it's placing a 17% duty on most fresh Mexican tomatoes after negotiations ended without an agreement to avert the tariff.

The U.S. government said Monday it is immediately placing a 17% duty on most fresh Mexican tomatoes after negotiations ended without an agreement to avert the tariff.

  • Pieisawesome@lemmy.dbzer0.comEnglish
    4·
    23 hours ago

    Nitpick: this would be shorting a future, not a stock.

    Futures are typically “physical” goods like oil, bananas, cheese, maple syrup, etc. there are also other types of futures.

    These commodities futures were originally created in the 1600s in Japan for rice, but they got their mass appeal in Chicago in the late 1800s.

    The trading floors in Chicago are pretty cool and have a ton of interesting history.