Colombian Rose Industry Faces Margin Pressure as U.S. Tariff and Local Costs Bite Ahead of Valentine’s Day
Colombian flower growers shipped tens of thousands of tonnes of roses to the United States for Valentine’s Day, but an ongoing 10% tariff, a stronger peso and a significant minimum wage increase are compressing margins for the country’s exporters. Industry leaders warn that without a change in these economic pressures the sector could see job losse…