Avocados to Alcohol, Beer to Coffee, Beef to Cheese, Basmati Rice to Olive Oil — All Prices To Go Up Now

Enter any Supermarket, you will find all food prices shooting up. Food industry analyst Phil Lempert estimates that about 40,000 items — nearly half of all supermarket products — may be impacted by new tariffs, either directly or through ingredients. The tariffs, part of President Trump’s push for reciprocal trade, aim to counteract what he…

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Brazil Braces For Boost in Exports As China’s Retaliatory Tariffs Hit US Soybeans

China’s latest retaliatory move in the deepening trade conflict with the United States has dealt a major blow to American farmers, with soybean exports at the epicenter. The new tariffs, unveiled Friday, include sweeping 34% duties on all U.S. imports, effectively pricing out a large swath of American agricultural products from the Chinese market. Brazil,…

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