- Egg price reduction plans can be disrupted by tariffs. The Trump administration said in March that it will import eggs from other countries to compensate for prices in US tariffs, though, could lead to high prices, with one 26 % resource. The Minister of Agriculture, Brock Rollins, admitted the possibility of Thursday.
Donald Trump’s plan may have been cracked to reduce the price of eggs throughout America because of his desire to definitions.
Two weeks ago, Minister of Agriculture Brooke Rollins The Trump administration said it was planning Import millions of eggs From Türkiye and South Korea (from other countries) to increased supply and low prices.
These prices were rising due to bird flu fears, which caused millions of chicken and a later deficiency of locally produced eggs.
However, the definitions announced this week can lead to price increase, just as egg prices begin to decrease. The definitions of Türkiye increased from less than 1 % to 10 %, while the product tax from South Korea increased from 4 % to 26 %.
Chicken Begin to recover Whoever slaughtered, but Rollins admitted in her comments last month that it may take two months before the industry returns to its full power.
Drop from the US Department of Agriculture, March 25 releasedThe expected egg prices will increase 57.6 % this year. Egg prices have decreased in recent weeks, but wholesaler prices are still 60 % higher Now what they were at this time last year, with an average of $ 3 per scales.
Speak on Fox The news, Rollins acknowledged that the definitions may cause prices to remain high.
“I will not sit here and say,” Oh, everything will be perfect and prices will decrease tomorrow, “Rollins said.”
The United States imported more than 1.6 million chicken chicken eggs at the consumer level in January and February.
This story was originally shown on Fortune.com
