Dietrich Vollrath, professor and chair of economics at the University of Houston, told HuffPost that if the tariff on foreign products is 20% or more, 'grocery prices will be demonstrably and persistently higher.' He emphasized that the global supply chain would suffer as a result, leading to immediate and systemic price increases that consumers cannot avoid.
According to the USDA, Mexico supplies 51% of all the fruit we buy, and 69% of our vegetables are imported - which could mean tariffs imposed on foreign products will translate into prices that are anywhere from 5-20% higher, according to Vollrath. This shift could drastically alter American diets and food availability.
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