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Tariffs on Mexican goods are getting ready to hit you right in the avocados

Here’s how Trump’s Mexico tariffs might affect your day-to-day.

The effects of the Trump administration’s new 25% across-the-board tariffs on Mexican imports will be hard to miss. Mexico is, after all, America’s largest trading partner. The US imported $506 billion worth of goods from Mexico in 2024, and Mexico imported $334 billion worth of American goods. Mexican leaders say they’re baffled by Trump’s actions and will be announcing a raft of retaliatory tariffs soon. 

Yesterday we looked at a day in the life of Canadian tariffs. Today, let’s take a look at all the things you might encounter during a typical day that are likely to have been imported from Mexico.

It’s the weekend. You wake up a little groggy from your night at the pub. Nothing that a good omelette won’t fix. You whip up some eggs and chop some vegetables. That’s when you realize you are out of avocados, because their price was outrageous at the supermarket this week. 

🥑 90% of avocados imported to the US come from Mexico. The US imported $3.4 billion worth in 2024. 

After breakfast, you head to the marina, where you meet a friend for an outing on their boat. As you speed across the water, you think about how nice it would be to have a really nice boat of your own. But last time you looked, the prices had shot up 25%, making them further out of reach...

🚤 85% of outboard motorboats, rowboats, and canoes imported to the US came from Mexico in 2024. The US imported $568 million of these watercraft in 2024.

While out on the boat, you open your cooler and pop open a frosty beer (maybe one of Constellation Brands’ Coronas). But you only picked up a six-pack, as they have gotten so expensive recently. 

🍺 83% of beer imported to the US comes from Mexico. The US imported $6.2 billion worth of beer from Mexico in 2024.  

It’s getting late! You need to run to the grocery store to pick up some things for the barbecue dinner you’re hosting tonight. Hold up — when did watermelons get so expensive?!

🍉 95% of the watermelons imported to the US (between April 1 and November 30) come from Mexico. $273 million worth were imported to the US in 2024.  

You hop to the other side of the produce section to grab some sweet corn to throw on the grill. Yikes! Even corn has gotten pricey. 

🌽 87% of sweet corn imported to the US comes from Mexico. The US imported $78 million worth in 2024. 

After the stress of trying to shop for groceries, you start making a batch of margaritas. You do a double take at your receipt from the liquor store. Tequila prices have shot up, too! Technically, tequila can only be called tequila when its made in Mexico, so there’s no way around this one.

🍹 Almost 100% of the tequila imported to the US comes from Mexico. The US imported $5.2 billion worth in 2024. 

You take a sip of your cold margarita, but it tastes a little rough because you watered it down with a lot with a mixer and passed on the fresh limes. 

🍋‍🟩 81% of the limes imported to the US come from Mexico. The US imported $66 million worth in 2024. 

As you throw back the drink, you wonder what could be next. 

Source: United States International Trade Administration.

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Jon Keegan

Anthropic donates $20 million to pro-AI regulation PAC

The war to build a better AI model may be mostly happening in Silicon Valley, but now another important front has opened: Washington, DC.

Anthropic announced a $20 million donation to Public First Action, a new super PAC that advocates for AI policies and regulations that prioritize public safety. The PAC describes itself as “a counterforce that will defend the public interest against those who aim to buy their way out of sensible rule-making.”

The move is seen as a counter to OpenAI’s growing investments in PACs that argue for less AI regulation.

OpenAI recently donated to Leading the Future PAC, which has received over $50 million from the family of OpenAI president and cofounder Greg Brockman, and the VC firm Andreessen Horowitz. The PAC says it is focused on “identifying, maintaining, and growing pro-AI candidates in order to support an AI innovation policy agenda at the state and federal level.”

OpenAI’s Brockman and his wife, Anna, recently donated a total of $25 million to the pro-Trump MAGA, INC. PAC.

OpenAI recently donated to Leading the Future PAC, which has received over $50 million from the family of OpenAI president and cofounder Greg Brockman, and the VC firm Andreessen Horowitz. The PAC says it is focused on “identifying, maintaining, and growing pro-AI candidates in order to support an AI innovation policy agenda at the state and federal level.”

OpenAI’s Brockman and his wife, Anna, recently donated a total of $25 million to the pro-Trump MAGA, INC. PAC.

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Looking into its Warner Bros. acquisition, the DOJ probes Netflix for anticompetitive tactics

As the Department of Justice probes Netflix’s proposed $83 billion acquisition of Warner Bros. Discovery, it has reportedly subpoenaed at least one other entertainment company to investigate whether the streamer has taken part in anticompetitive behavior.

Netflix said the DOJ is conducting a standard review and it expects its acquisition to be approved.

Per Wall Street Journal reporting, the DOJ is also seeking out information on how Paramount’s proposed acquisition could harm competition in the entertainment industry.

Netflix has argued that its acquisition of WBD would not be anticompetitive, as there is an 80% overlap in Netflix and HBO Max subscribers. The company has said it competes not just with streaming services but also with broader content platforms like YouTube and TikTok for attention. Netflix booked $45.2 billion in revenue in 2025, compared to YouTube’s $60 billion.

The streamer has repeatedly said it will stick to a 45-day theatrical release window for Warner Bros. films. Movie theater trade groups have pointed out that after theatrical release, many films move to premium video on-demand (PVOD), where they can be digitally rented or purchased for several more weeks or months before moving to streaming (subscription video on-demand, or SVOD). According to Cinema United, the average SVOD window for major theatrical films is 102 days, significantly longer than the potential 45-day window for Netflix.

Per Wall Street Journal reporting, the DOJ is also seeking out information on how Paramount’s proposed acquisition could harm competition in the entertainment industry.

Netflix has argued that its acquisition of WBD would not be anticompetitive, as there is an 80% overlap in Netflix and HBO Max subscribers. The company has said it competes not just with streaming services but also with broader content platforms like YouTube and TikTok for attention. Netflix booked $45.2 billion in revenue in 2025, compared to YouTube’s $60 billion.

The streamer has repeatedly said it will stick to a 45-day theatrical release window for Warner Bros. films. Movie theater trade groups have pointed out that after theatrical release, many films move to premium video on-demand (PVOD), where they can be digitally rented or purchased for several more weeks or months before moving to streaming (subscription video on-demand, or SVOD). According to Cinema United, the average SVOD window for major theatrical films is 102 days, significantly longer than the potential 45-day window for Netflix.

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Report: Meta pouring $65 million into PACs backing pro-AI state candidates

With a pro-tech, pro-AI administration in Washington, DC, Meta has decided the next battlegrounds that it needs to flood with cash are in individual states.

Starting in Meta’s home state of California, the tech giant is pledging $65 million to a pair of super PACs that it created to fund pro-tech and pro-AI candidates at the state level, according to a report from Politico.

Meta has funded the American Technology Excellence Project ($45 million) and Mobilizing Economic Transformation Across (META) California ($20 million) to push back on what it sees as burdensome AI regulations coming from state legislatures.

The META California PAC will support tech-friendly candidates regardless of party.

Starting in Meta’s home state of California, the tech giant is pledging $65 million to a pair of super PACs that it created to fund pro-tech and pro-AI candidates at the state level, according to a report from Politico.

Meta has funded the American Technology Excellence Project ($45 million) and Mobilizing Economic Transformation Across (META) California ($20 million) to push back on what it sees as burdensome AI regulations coming from state legislatures.

The META California PAC will support tech-friendly candidates regardless of party.

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