Wednesday, June 11, 2025

Preppers Rejoice: "Canned foods could rise by as much as 30 cents apiece due to Trump’s tariffs on steel: report"

From the New York Post, June 9:

Soup, beans, and even pineapple could soon cost more — not because of what’s inside the can, but because of the can itself.

A recent move by the Trump administration to double tariffs on imported steel to 50% is expected to raise the price of tin-coated steel, a material critical to food cans.

Industry experts warn that the cost of canned goods could increase by 9% to 15% as a result, according to the Consumer Brands Association, which represents major food companies like Campbell’s, Hormel and Del Monte....

....MUCH MORE