Imposing import tariffs on food products that a country does not and cannot produce domestically can increase consumer food costs and put additional pressure on household budgets.
November 15, 2025
high
temporal
General economic effect of import tariffs on food availability and affordability.
When import tariffs on goods are reduced or removed, wholesalers and retailers may partially or gradually pass along the resulting cost savings to consumers rather than fully passing them through immediately.
November 15, 2025
high
temporal
Typical market pass-through behavior following changes in trade policy.
Very high import tariffs between major economies can sharply reduce bilateral trade volumes and risk harming global economic growth.
October 22, 2025
high
economic
Summarizes the general economic effect of imposing extremely high tariffs on trade between large economies.
Companies sometimes pass a portion of import tariffs onto consumers, contributing to higher retail prices.
high
economic
Pricing behavior in response to import duties within retail supply chains.
High import tariffs can impose significant economic burdens on export-dependent economies.
high
economic_consequence
Trade barriers such as tariffs affect countries whose economies rely heavily on exports by raising costs and reducing competitiveness.
High import tariffs can incentivize firms to relocate manufacturing to markets with lower trade barriers or to the market imposing the tariffs to avoid those barriers.
high
economic_behavior
Firms may change production location decisions in response to trade policy to minimize tariff costs or access markets more easily.
Higher import tariffs tend to raise the prices of imported goods because retailers often pass some of the additional tariff costs onto consumers.
high
causal
Economic pass-through mechanism between tariffs and consumer prices.