As Thanksgiving 2025 approaches, former U.S. President Donald Trump has announced tariff cuts on select food imports to address soaring grocery prices – a move analysts call "a holiday lifeline" for budget-conscious families. 🛒
The decision comes amid inflation rates still lingering from pandemic-era disruptions, with turkey prices up 18% compared to last November. Economists predict the tariff reductions could save households $50-$75 on average holiday meals. 💸
"This isn't just about Thanksgiving," said Georgetown University trade expert Dr. Lisa Cho. "Lower dairy and spice tariffs could reshape 2026's global food trade patterns, especially with major Asian exporters." 🌏
Social media reactions range from relieved 🎉 to skeptical 🤨, with #ThanksgivingEconomics trending worldwide. Meanwhile, cross-strait trade analysts note potential ripple effects for Taiwan's agricultural exports to the U.S. market.
Reference(s):
cgtn.com






