Thanksgiving is just around the corner, but for many American families, the holiday feast may come with a much higher price tag this year. Experts warn that tariffs imposed under Donald Trump's administration are contributing to rising grocery costs, affecting everything from the centrepiece turkey to side dishes and packaged desserts.
With inflation already straining household budgets, the added burden of tariffs could turn what is usually a festive celebration into a financial headache for shoppers. The impact is already being felt at the store. According to a recent analysis, turkey prices have surged nearly 40% compared to last year, beef roasts are up about 18%, and the cost of side dishes and produce increased by almost 5%.
