How Much Grocery Prices Will Rise Due to Tariffs, According to an Expert

One of the biggest news stories of the past week has been how U.S. tariffs have impacted not only the U.S. stock market but also the global economy. It's been quite a turbulent few days, and the S&P 500 has experienced its worst losses since the pandemic in 2020.

But, there's more to the tariff news than stocks. The newly-announced U.S. tariffs could also greatly impact food prices for Americans.

So, how much more will the average American have to pay on their weekly grocery trip?

According to Phil Lampert, the Supermarket Guru, the tariffs the U.S. is putting into effect across the world will likely add to what you pay for in the supermarket line, and his estimate is as much as 30%. Specifically, he says the tariff war with China will impact the cost of certain common spices and tea.

"Let's not also forget that China produces 90% of all the garlic in the world, and garlic is a major ingredient in a lot of frozen foods," he tells Fox5. "Our apple juice — they supply 60% of the apple juice concentrate that comes into this country. So we're going to have to re-calibrate what we're buying and how we're buying it."

Still, he's urging people not to get too crazy about the hikes in prices. "But don't panic, don't overstock — because that doesn't do anybody any good," he says.

Other products that will likely be impacted include seafood, coffee, beer, wine, bananas, pineapples, avocados, chocolate, pecans, cashews, brie, gouda and more.

Lampert also tells Fox5 that the higher prices could go beyond what customers pay at the supermarket. "There's no question — anything that touches food, whether it's a supermarket, whether it's a restaurant, McDonald's, I mean all these places, hospitals, schools — everybody is going to be affected by these tariffs," he explains.