As president-elect Donald Trump prepares to take office within days, the policies adopted by his administration could have a big impact on food prices.Food inflation has slowed down over the past year,

Food inflation has hit the wallets of American consumers significantly in recent years. According to data from the United States Department of Agriculture (USDA), food prices saw an unprecedented rise in 2022,

According to the United States Department of Agriculture (USDA), food prices jumped nearly 10% in 2022, the fastest increase in more than 40 years. Costs continued to rise by almost 6% in 2023.

The migration of manufacturing to Mexico could undermine Trump’s promise to voters that ratcheting up tariffs on China would incentivize companies to bring production back to the U.S and give American companies a more even playing field.

U.S. imports from China finished the year strong after some companies stockpiled shipments of apparel, toys, furniture and electronics ahead of President-elect Donald Trump's plan to impose new tariffs that could revive a trade war between the world's economic superpowers.

China has strengthened trade with Latin America at the expense of the U.S. But Donald Trump, who threatens to raise tariffs on Mexico, could upend those ties.