Trump tariffs may drive up grocery and liquor prices in the U.S

sg.news.yahoo.com

U.S. consumers may face higher prices and shortages for fresh produce and alcohol if President-elect Donald Trump imposes a 25% tariff on goods from Mexico and Canada. These countries are major suppliers of agricultural products to the U.S. The tariffs could disrupt the supply of avocados, strawberries, and tequila, which are heavily imported from Mexico. About two-thirds of U.S. vegetable imports and half of fruit imports come from Mexico, making the U.S. reliant on these imports. Additionally, the tariffs may impact the beef and pork supply chain, as they could slow the export of cattle from Mexico and disrupt shipments between the U.S. and Canada. This could lead to increased prices for meat products in the U.S.


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