The market remained cautious, however, as rising Saudi Arabian production and persistent concerns over global trade tensions tempered the upward momentum.

In addition to ongoing US trade tariff developments, the key macroeconomic print to watch this week will be the June US CPI inflation data (Consumer Price Index).

Mexico currently supplies around 70 per cent of the US tomato market, up from 30 per cent two decades ago, according to the Florida Tomato Exchange.

The price of tomatoes are expected to go up after a nearly 30-year trade agreement with the U.S. and Mexico is being replaced by a new 20.9% tariff issued by President Donald Trump.

ETAuto.com brings latest oil prices rise news, views and updates from all top sources for the Indian Auto industry.

Trump’s copper tariff threats already raising factory costs across the US. Read more at straitstimes.com. Read more at straitstimes.com.

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America’s toy prices could rise later this year, particularly if higher tariffs take effect, Hasbro CEO Chris Cocks told on CNN’s Audie Cornish, host of “The Assignment” podcast.