On the campaign trail, President-elect Donald Trump spoke of the burden grocery prices were placing on Americans and promised to help bring relief to more households. It’s a vow that may have helped him get elected, but experts say his proposed tariffs could exacerbate the problem. High prices—and the economy more broadly— were top of mind for most Americans at the ballot box.
Topics: president-elect donald trump americans high covid-19 ukraine consumer price index ap votecast ldquo;this david ortega michigan state ldquo;instead win means inflation mosinee september ldquo;the tintelnot peterson institute international economics cnbc buy groceries right now without breaking bank united states trump administration ldquo;we donald trump an trump&rsquo china university read wi groceries u.s tariffs raise grocery prices cost consumers burden goods proposed campaign items experts facing economy professor it’s placing effect feel imports increase lead produce true countries paid food chain order affect imported
BING NEWS:
- These Popular Grocery Store Foods Might Cost More In 2025
As you plan your 2025 grocery budget, be sure to take into account that these foods and drinks might end up costing you more next year due to tariffs.
12/21/2024 - 3:25 am | View Link - American Kitchens Face an Uncertain Mix: Olive Oil and Tariffs
Trump hasn’t said whether he’ll move against imported foods, but the effects on oil producers and consumers are already being debated.
12/18/2024 - 1:54 am | View Link - How President-elect Trump’s proposed tariffs could further squeeze West Virginians’ wallets
President-elect Donald Trump has repeatedly threatened tariffs on imports from foreign countries to pressure them to curb illegal immigration and the flow of illicit drugs.
12/17/2024 - 8:00 pm | View Link - Costco Warns That Tariffs Raise Prices, Trump Team Says Trade Policies Will 'Make Life Affordable'
Costco was asked about tariffs on its first-quarter earnings call. Here's what the company said ahead of Donald Trump's next presidential term.
12/17/2024 - 3:54 am | View Link - Tom Still: As 2025 draws near, Wisconsin will learn how ‘Trump 2’ tariffs touch economy
The U.S. Chamber of Commerce has estimated tariffs could cost Wisconsin a billion dollars in farm exports, especially dairy products such as cheese.
12/16/2024 - 10:55 pm | View Link - More
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