Trump's New Grocery Tariff Plan Has Everyone Pointing Out The Same Unfortunately Obvious Thing
Tariff rollbacks on some food imports may not meaningfully lower grocery prices due to price elasticity, global shortages, and supply-chain constraints.
Consumers will tolerate higher prices as a result of tariffs-but there's a limit
Consumers generally accept up to about a 20% price increase from tariffs if explained and supported by perceived value, brand reputation, and experience.
