President Donald Trump, during his announcement last week of sweeping tariffs on countries around the world, called groceries an “old-fashioned” and “beautiful term.” But his policies will make America’s groceries more expensive today, supermarket executives and food industry experts say.
Supermarkets sell imported items in every section of the store: from fresh and packaged foods to household basics. Trump instituted 10% tariffs across all countries last Saturday and slapped higher reciprocal tariffs on 60 countries and trading blocs today. US businesses shipping goods from overseas will pay for those tariffs, and they will
→ Continue reading at CNN - Business News