Why Trump’s Tariffs Could Raise Grocery Prices ...Middle East

Time - News
Why Trump’s Tariffs Could Raise Grocery Prices
source : Time ( Middle East ) () 80
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. Shoppers have been faced with record high inflation. The COVID-19 pandemic, combined with global conflicts like the war in Ukraine, caused major supply chain disruptions and higher prices—with grocery store prices in 2024 almost 25% higher than pre-pandemic prices, according to Consumer Price Index data. An

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