Trump's proposed tariffs may increase grocery and liquor prices in the U.S

U.S. consumers may face higher prices and potential shortages of fresh produce and alcohol if President-elect Donald Trump imposes a 25% tariff on imports from Mexico and Canada. These countries supply a significant portion of U.S. agricultural goods. Experts warn that tariffs could disrupt the supply chain for items like avocados, strawberries, and tequila, which are heavily imported from Mexico. The U.S. relies on these imports for a large share of its fruits and vegetables. Additionally, tariffs may impact the cattle and pork trade between the U.S., Mexico, and Canada, potentially raising meat prices. The U.S. agricultural trade deficit is projected to exceed $42 billion by 2025, partly due to increased demand for imported goods.