As has been repeatedly explained before and after the election, Trump’s plans will most likely NOT lower people’s grocery bills!
“The food price inflation that stunned the U.S. — and other parts of the world — in 2021 and 2022 had complicated causes that are difficult to unwind, from the pandemic to the Ukraine war to avian flu. And many economists think Trump’s plans could actually make food prices rise.
“As of October, U.S. prices for food eaten at home were up 28% from 2019, according to government figures released Wednesday. But the growth peaked in 2022; between October 2023 and October 2024, food prices rose 2%, which was lower than the overall inflation rate.”
“Asked how he would lower grocery prices during a September town hall in Michigan, Trump said tariffs would help U.S. farmers. But David Ortega, a professor of food economics and policy at Michigan State University, said that food producers rely on imported goods like fertilizer, equipment and packaging materials. If they’re forced to pay more for those items, they will raise prices, Ortega said.
“U.S. farmers also could have trouble selling their goods overseas, since other countries would likely respond with retaliatory tariffs, he said. Around 20% of U.S. agricultural production is exported each year, according to the USDA.”
Source: https://apnews.com/article/trump-grocery-prices-inflation-economy-b69a367ebb7dafe416b8f99b94256cf5