“The short answer is yes, prices are going to go up,” said David Ortega, a food economist and professor at Michigan State University. “They may not skyrocket for all imported products, but they will go up. Tariffs are a tax on imports, so by definition, they are inflationary.”

While higher tariffs could still be coming after a 90-day-pause, the baseline 10% tariff on all goods, plus higher duties on Chinese products already in effect are a big increase in food costs for American’s budgets, said Thomas Gremillion, director of food policy at The Consumer Federation of America.

“The 10% ‘default’ tariffs alone represent a truly historic federal tax increase, maybe the largest in my lifetime, with a highly regressive impact,” Gremillion said.

How will Trump’s tariffs affect grocery store prices? We explain.

How will Trump’s tariffs or the threat of more tariffs affect grocery store prices?

https://www.msn.com/en-us/money/markets/how-will-trump-s-tariffs-affect-grocery-store-prices-we-explain/ar-AA1Eco8Y