Grocery Prices Surge Anew, Trump’s Tariffs Blamed for Escalating Consumer Strain

Grocery Prices Surge Anew, Trump’s Tariffs Blamed for Escalating Consumer Strain

Grocery Prices Surge Anew, Trump’s Tariffs Blamed for Escalating Consumer Strain

Grocery Prices Surge Anew, Trump's Tariffs Blamed for Escalating Consumer Strain
Image from NPR

American households are grappling with a renewed surge in grocery prices, with the past month marking the biggest jump in nearly three years. Consumers are facing unprecedented anxiety over food costs, largely exacerbated by President Trump’s ongoing tariffs on imported goods, according to recent analyses.

Since February 2020, grocery prices have climbed a staggering 29%, a trend initially driven by pandemic-induced supply chain disruptions and further compounded by global events like the 2022 invasion of Ukraine. However, the current spike is increasingly attributed to new economic policies, particularly President Trump’s tariffs on imported foods such as bananas and coffee, which act as a direct tax passed onto consumers.

For many, like retired nurse Shelia Fields of Galveston, Texas, the hunt for affordable food has become a demanding chore. Fields and her husband, who are concerned about outliving their savings, recounted visiting three stores for sales, managing to buy no meat due to prohibitive costs. This sentiment is widespread, with a summer survey by The Associated Press and NORC revealing that over half of all Americans now cite grocery costs as their primary source of financial stress, surpassing concerns about rent or healthcare.

Retailers like Kroger observe shoppers making more frequent, smaller trips, relying heavily on coupons, and opting for cheaper private-label brands. Rebecca White, a bank employee in Cincinnati, illustrates the struggle, admitting to skipping meals and sticking to less healthy, cheaper options as her paycheck fails to keep pace with rising food bills. As food economist David Ortega of Michigan State University notes, grocery prices have become a significant political flashpoint, with President Trump having campaigned on promises to lower them. However, costs are higher now than at the start of his current term, with his administration’s immigration policies and tariffs contributing to the upward pressure.

Coffee prices, for example, have jumped over 20% in the last year, partly due to weather but significantly impacted by Trump’s double-digit import taxes. As consumers like Shelia Fields watch their stockpiled coffee dwindle, the prospect of relief at the checkout line remains bleak, fueling widespread concern over the nation’s cost of living.

阅读中文版 (Read Chinese Version)

Disclaimer: This content is aggregated from public sources online. Please verify information independently. If you believe your rights have been infringed, contact us for removal.