<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Spike in steel tariffs could imperil Trump promise of lower grocery prices</title>
    <link>https://www.taxtmi.com/news?id=45709</link>
    <description>The 50 percent tariffs on steel and aluminum raise import costs for metals and intermediate packaging inputs, transmitting higher expenses through supply chains to food manufacturers reliant on imported tinplate and aluminum. Domestic shortages of tin mill production constrain substitution, increasing the likelihood that elevated input, transportation, and capital costs will be passed on to consumers for canned goods and other metal-packaged staples.</description>
    <language>en-us</language>
    <pubDate>Wed, 04 Jun 2025 21:31:05 +0530</pubDate>
    <lastBuildDate>Wed, 04 Jun 2025 21:31:05 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=826788" rel="self" type="application/rss+xml"/>
    <item>
      <title>Spike in steel tariffs could imperil Trump promise of lower grocery prices</title>
      <link>https://www.taxtmi.com/news?id=45709</link>
      <description>The 50 percent tariffs on steel and aluminum raise import costs for metals and intermediate packaging inputs, transmitting higher expenses through supply chains to food manufacturers reliant on imported tinplate and aluminum. Domestic shortages of tin mill production constrain substitution, increasing the likelihood that elevated input, transportation, and capital costs will be passed on to consumers for canned goods and other metal-packaged staples.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Wed, 04 Jun 2025 21:31:05 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=45709</guid>
    </item>
  </channel>
</rss>