In previous days, President Donald Trump’s administration gave exemptions from substantial reciprocal duties to smartphones, computers, and some other devices primarily imported from China, offering a significant benefit to tech businesses such as Apple that rely on imported items.
This is the latest episode in the administration’s string of u-turns, with tariffs applied and then placed on hold amid widespread uncertainty.
Donald Trump’s tariffs have the potential to drastically increase the cost of certain food items, owing to their effects on international trade and supply networks.
A significant amount of the fresh fruits and vegetables consumed in the United States are imported, primarily from Mexico. Tariffs on these imports would immediately raise their costs, and produce cultivated in the United States could face price hikes due to higher costs of imported fertilisers and other agricultural essentials.
Products That Will Be Affected
Learn about the ten food goods that may see price increases if tariffs are implemented:
- Avocados Bee Beer
- Ingredients include canola oil, lettuce, and maple syrup.
- Peppers and strawberries
- Salmon Tomatoes
These products have a higher value because they are fresh.
Learn about the cities with the most expensive homes in Utah
Continue reading to find out which cities in Utah are the most expensive:
- Woodland Hills is ranked #10, with a typical home value of $880,041. This zone’s price has increased by 3.7% in a year and by 57.5% in the last five years. Woodland Hills is in the Provo-Orem, Utah metro area.
- Highland is classified as #9, with a typical home value of $936,169. Highland’s housing market has seen a 6.4% price increase in the last year and a 58.9% increase in the last five. Highland is in the Provo-Orem, Utah metro area.
- Midway ranks eighth, with a mean home value of $941,745. This area’s price has increased by 1.0% in one year and by 69.3% in five years. Midway is located within the Heber, Utah metropolitan region.
- Peoa is ranked #7, with a mean home value of $977,807. The area has seen a 3.3% increase in prices over the last year. Data for the 5-year price change is currently unavailable. Peoa is in the Heber, Utah metro region.
- Mount Olympus is ranked sixth, with an average property value of $1,027,267. This area’s price has increased by 5.1% in a year and 50.8% in five years. Mount Olympus is part of the Salt Lake City, Utah metropolitan area.
- Kamas ranks fifth, with an average home value of $1,075,378. Kamas, a city in the Heber, UT metro region, has a housing market with a one-year price increase of 4.0% and a five-year price increase of 65.7%.
- Alpine is ranked #4, with an average home value of $1,086,094. This region has seen a 6.7% price increase in the last year and a substantial 55.3% increase in the past five years. Alpine is located in the Provo-Orem, Utah metro region.
- Granite ranks third, with a mean house value of $1,128,898. Granite’s housing market has experienced a 5.7% price increase in the past year, as well as a significant 55.2% increase in the last five years. Granite is located in the Salt Lake City, Utah metropolitan region.
- West Mountain is ranked #2, with an average property value of $1,137,190. This neighbourhood has experienced a large one-year price change of +10.3%. Data for the 5-year price modification is currently unavailable. West Mountain is located in the Provo-Orem, Utah metropolitan region.
- Park City has the highest average house value at $1,606,919. Park City’s housing market has experienced a 3.0% increase in prices over the last year, as well as a significant 70.9% increase during the last five years. Park City is in the Heber, Utah metropolitan region.
