You are viewing a single comment's thread from:

RE: LeoThread 2025-04-03 20:53

in LeoFinance6 months ago

Tariffs Could Hit Egg Imports Meant to Lower Prices
President Donald Trump's new tariffs could apply to eggs being imported to ease a supply shortage, Agriculture Secretary Brooke Rollins said on Thursday, a move that industry experts said could boost prices just as they have started to decline from record highs.

Rollins said in a Fox News interview that tariffs on egg imports were possible and negotiations with affected countries were ongoing.

On Wednesday, Trump announced sweeping tariffs that have been mostly criticized by agricultural and food groups for their potential to shrink markets for farmers and raise consumer prices. The U.S. has increased imports of eggs from Turkey, Brazil, and South Korea in an attempt to increase supplies amid an ongoing bird flu outbreak that has killed nearly 170 million chickens, turkeys, and other birds since 2022.