April 3, 2025 — U.S. retail and restaurant operators said they are concerned about the impact U.S. President Donald Trump’s tariffs on imports from several countries will have on food prices, consumers, and businesses.
The U.S restaurant industry, which is already struggling financially with multiple bankruptcies, restaurant closures, and higher food prices, will now have to navigate the fallout of tariffs in order to keep their doors open, National Restaurant Association (NRA) President and CEO Michelle Korsmo said.