
Organic food prices could soar as US imposes import restrictions and new tariffs on specialty sugar
The limiting of duty-free organic sugar imports and new tariffs are expected to cause the prices of all kinds of organic products from granola to yogurt to rise in the coming months. Industry officials say that could put some food manufacturers out of business. The Trump administration limited duty-free imports of specialty sugars in July and imposed a 50% tariff on Brazil, a major supplier of organic sugar. Since the U.S. produces almost no organic sugar, manufacturers are facing an estimated 34% increase in sugar costs. They say they will have to reduce profits, raise prices or halt production.