Trump’s Tariffs to Raise Food Costs, Disrupt U.S. Exports

The Trump administration’s sweeping new tariffs—described by some as “everything, everywhere, all at once”—are poised to significantly impact the U.S. food and beverage industry. With a baseline 10% tariff taking effect on April 5 and additional reciprocal tariffs of up to 50% kicking in on April 9, the costs of importing both ingredients and equipment are set to rise sharply. Meanwhile, American exports could face retaliatory tariffs that threaten global competitiveness. Read More