You are NOT getting a tariff refund check, but some of the businesses you patronize may pass their refund money down to you with either lower prices or prices that don’t rise as fast as they would without the refund. There’s also the possibility of a lawsuit settlement, but not any time soon.
In a 6-3 decision the U.S. Supreme Court on Friday held that President Trump’s aggressive approach to tariffs on products entering the United States from across the world was not permitted under a 1977 law called the International Emergency Economic Powers Act (IEEPA).
Thursday marked one year since my first Grocery Snapshot shopping trip. It came right after President Trump announced his plan for across-the-board tariffs. I made a handful of purchases of things I usually bought that I thought could be affected by tariffs, as well as some that may not be, and figured we’d track them for a year to see how, or if, the prices changed.
A set of four school buses purchased by the Manchester School District are expected to cost more each than originally thought due to tariffs put in place by U.S. President Donald Trump.
The latest with the tariffs is that a federal appeals court has upheld the earlier ruling of the Court of International Trade that most of Trump’s global tariffs are not legal, and he exceeded his authority in using emergency powers to impose them. That said, the courts are allowing the tariffs to remain while Trump’s administration appeals to the Supreme Court.
Price increases are still outpacing decreases since I began keeping track. That said, the past month’s grocery snapshot was low-key. In fact, thanks to dry cat food going back to what it was before last month’s startling increase, per-item price totals decreased.
Businesses across the Granite State are bracing for what could be a momentous decline in the number of Canadian tourists this summer, the result of souring relations between the U.S. and its northern neighbor.
For Chatila, the tariffs are the last straw; he has put his company and facility up for sale. His biggest customer stopped buying, and his costs for imported ingredients, electricity, and eggs are rapidly escalating. He received notice from his fuel supplier of tariff surcharges they will impose. The company employed more than 20 people at its peak. Today, they have reduced their staff to just two remaining employees.
The beer you love, brewed nearby, uses ingredients from far away, many not even available locally. Some of those are from Canada.
The tariffs on goods that come into the U.S. from Canada and China are set to go into effect 12:01 a.m. Tuesday. The Trump Administration announced Monday that those for Mexico will be delayed for a month after that country agreed to send troops to the border with the U.S.