Brace for Price Hikes on These 11 Types of Groceries in August

High prices have become the norm at the grocery store in recent years due to inflation. Now, renewed threats of tariffs against Mexico and the European Union stand to spur another wave of grocery price increases. A 30% tariff on goods imported from both regions is set to take effect Aug. 1, according to letters that President Donald Trump sent to the presidents of Mexico and the European Council.