Summary

Americans, frustrated by high grocery prices, are looking to President-elect Trump for relief. Trump has pledged to lower food costs through tariffs on imports and by reducing energy prices, arguing that these measures would benefit U.S. farmers and consumers.

However, experts warn that tariffs could drive up prices by increasing costs for imported goods essential to food production and risk retaliatory tariffs on U.S. exports.

Economists also doubt Trump’s short-term impact on energy costs, noting that sustained grocery price drops are challenging without major economic shifts.

  • Jinni@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    21
    ·
    1 month ago

    Anyone who understood what tariffs are could of told you this. Harris may not of had any economic plans other than ctax the 1%', but Trump’s was demonstrably counter productive with tariffs