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.

  • BrianTheeBiscuiteer@lemmy.world
    link
    fedilink
    arrow-up
    19
    arrow-down
    2
    ·
    1 month ago

    After gutting a dozen departments he might just take the savings and straight up subsidize food staples. Apparently people don’t give two fucks about why just as long as stuff is cheap.