# Stock Up on Avocados – Mexico Tariffs Announced by Trump - Mansfield Energy

> President Trump announced plans to impose 5% tariffs on Mexican goods, rising 5% monthly to 25%, until Mexico addresses migration at the U.S.-Mexico border. Crude traded at $55.23, its lowest since February, and diesel and gasoline also fell. The tariffs could also apply to the roughly 680 kbpd of Mexican crude the U.S. imports.

- Date: 2019-05-31 · published 2019-05-31T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/10410-stock-up-on-avocados-mexico-tariffs-announced-by-trump-mansfield-energy
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Broad new tariffs on Mexico, a major U.S. trade partner, raise trade-policy risk and weaken the peso. Higher costs on Mexican crude could also tighten refinery margins.

## Read by commodity

- WTI: bearish ▼
- DIESEL: bearish ▼
- USDMXN: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DIESEL | 2019-06-02 | 5 | -8.4% | -3.0 | Trump's Mexico tariff announcement on May 31 pushed crude to its lowest since February and diesel lower, adding trade-war demand fears at the end of the window. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2019-08-01 | [Oil slumps 7% as Trump announces additional tariffs on Chinese imports](https://feedsoft.ai/events/8492-oil-slumps-7-as-trump-announces-additional-tariffs-on-chinese-imports.md) | -12.7% | -4.7% |
| WTI | 2018-05-31 | [U.S. hits E.U., Canada and Mexico with steel, aluminum tariffs, sparking trade war](https://feedsoft.ai/events/65226-u-s-hits-e-u-canada-and-mexico-with-steel-aluminum-tariffs-sparking-trade-war.md) | -5.1% | +11.1% |
| WTI | 2019-08-01 | [Stocks Sink After a New Tariff Threat From Trump](https://feedsoft.ai/events/8499-stocks-sink-after-a-new-tariff-threat-from-trump.md) | -12.7% | -4.7% |
| WTI | 2025-04-03 | [Crude Prices Collapse on Tariff Announcement - ADM Investor Services](https://feedsoft.ai/events/12524-crude-prices-collapse-on-tariff-announcement-adm-investor-services.md) | -13.1% | -16.5% |
| WTI | 2025-04-09 | [Oil falls to lowest since 2021 as Trump's tariffs take effect](https://feedsoft.ai/events/6322-oil-falls-to-lowest-since-2021-as-trump-s-tariffs-take-effect.md) | +2.9% | -1.5% |
| DIESEL | 2025-04-10 | [Brazil’s Diesel Market Shifts Amid Trump Tariffs, Petrobras Cuts - EnergiesNet](https://feedsoft.ai/events/12528-brazil-s-diesel-market-shifts-amid-trump-tariffs-petrobras-cuts-energiesnet.md) | +0.2% | -3.3% |
| DIESEL | 2025-04-03 | [Crude Prices Collapse on Tariff Announcement - ADM Investor Services](https://feedsoft.ai/events/12524-crude-prices-collapse-on-tariff-announcement-adm-investor-services.md) | -8.6% | -13.3% |
| DIESEL | 2025-03-28 | [Distillate summary: West of Suez diesel margins slide on tariffs](https://feedsoft.ai/events/25788-distillate-summary-west-of-suez-diesel-margins-slide-on-tariffs.md) | -4.3% | -4.9% |

## Sources

- mansfield.energy: https://mansfield.energy/2019/05/31/stock-up-on-avocados-mexico-tariffs-announced-by-trump/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.