10 Foods That Will Cost More Thanks to Tariffs

With the implementation of a 25% tariff on imports from Canada and Mexico, shoppers can expect to see higher prices on several everyday grocery items. Economists forecast that the cost of various supermarket staples, particularly those imported from these neighboring countries, will rise significantly.

Ram Ganeshan, a professor specializing in operations and supply chain at William and Mary’s Raymond A. Mason School of Business, comments, "Prices on everything from avocados to tequila are set to rise as new tariffs take effect. Nearly half of the fruits and vegetables consumed in the U.S. are imported from Mexico, along with significant quantities of meat, dairy, and alcoholic beverages from both Canada and Mexico. This will lead to increased prices across grocery aisles."

Common Foods Affected by Tariffs

Here are some specific items that are likely to see a price hike:

Avocados

The cost of the beloved avocado, a staple in many kitchens, might increase as 47% of all fruits imported to the U.S. in 2023 came from Mexico. This will affect everything from guacamole to avocado toast.

Strawberries

Mexican strawberries account for about 85% of the strawberries sold across the United States. With the new tariffs, consumers should prepare for rising prices at the grocery store.

Bell Peppers

According to the USDA, 76% of bell peppers sold in the U.S. originate in Mexico. This trend suggests that bell peppers will also become more expensive.

Nuts

The export value of fruits and nuts from Mexico to the U.S. was approximately $7.76 billion in 2023. Consequently, consumers can expect price increases on nuts such as peanuts, pistachios, and walnuts.

Beer

Mexican beer, particularly brands like Modelo and Corona, are incredibly popular in the United States. With the tariff in place, a six-pack of Corona may see a price increase of around 45 cents, while smaller craft beers could be impacted even more.

Cooking Oil

A significant portion of cooking oil consumed in the U.S. is produced in Mexico. The new tariffs may lead to higher prices for cooking oil, affecting everything from frying to salad dressings.

Seafood

In 2020, over 79% of seafood consumed in the U.S. was imported, with much coming from Canadian fisheries. Items like cod, tuna, and snow crab could see cost increases due to the tariffs.

Dairy Products

A large percentage of dairy products, including essential items like butter, are imported from Canada. As a result, prices for these staples may rise for consumers.

Beef

In 2023, around 75% of Canada’s beef was exported to the U.S. This means that shoppers can expect to feel the impact of tariffs on beef products such as burgers, steaks, and chops.

In summary, these tariffs on agricultural goods from Canada and Mexico are set to affect various products that consumers rely on daily. From fruits and vegetables to dairy and beverages, shoppers should be prepared for increased costs at their local supermarkets.

tariffs, food, imports