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.

  • TheTechnician27@lemmy.world
    link
    fedilink
    English
    arrow-up
    26
    ·
    edit-2
    2 days ago

    I’m also going to note that a ton of slaughterhouse workers are either undocumented or are the sorts of legal first-generation Latino immigrants Trump would still want to illegally deport. Even as a vegan who wants to see this industry die I can see how fucking disastrous that kind of shock would be for food prices. Even the change in public perception would be massive since it seems like the price of meat is one of the most significant barometers most meat-eaters use for how expensive groceries are.

    • Drusas@fedia.io
      link
      fedilink
      arrow-up
      8
      ·
      1 day ago

      Probably because meats are relatively expensive and they consider them to be necessary rather than an optional luxury item.