Tariff developments have sparked consumer concerns over their grocery bills with many expected to see an increase in food prices.
Jonathan Coppess with the University of Illinois spoke with RFD-TV’s Suzanne Alexander about the relationship between grocery bills and inflation, the impact of tariffs, and purchasing habits.
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Ag Secretary Brooke Rollins made the announcement yesterday at the grand opening of a new food safety lab in Missouri, where researchers will do Listeria testing.
$15 billion in U.S. energy, $4.5 billion ag products, 50 Boeing jets—plus a 19% tariff on Indonesian exports in exchange for U.S. market access.
Following an on-target CPI, the combination could suggest that inflation is cooling.
“Just a great, great day and I’m thrilled and honored to be a part of it.”
