Name: Price relief from tariff reductions delayed for months
Uploaded: 2025-11-18T02:41:25.691Z
Duration: 2 min 47 s
Description: CNBC’s Lori Ann LaRocco analyzes the timeline for when President Trump’s tariff rate changes will be felt by American consumers, assessing how quickly — or slowly — these adjustments translate into price shifts in the marketplace.

CNBC’s Lori Ann LaRocco analyzes the timeline for when President Trump’s tariff rate changes will be felt by American consumers, assessing how quickly — or slowly — these adjustments translate into price shifts in the marketplace.

Washington

Reductions in tariffs on imported foods such as coffee, cocoa, beef, and bananas are not expected to bring immediate relief to consumers, according to a CNBC report. Supply chain data indicates that it typically takes about six months for price changes to be reflected on store shelves, as current inventories were purchased at higher tariff rates.

Additional factors such as drought, smaller cattle herds, higher feed and machinery costs due to tariffs, and avian flu have further contributed to food inflation. Retailers like Walmart have responded by altering their Thanksgiving bundles, reducing product quantities and substituting items to maintain price points despite overall higher costs.

Price relief from tariff reductions delayed for months

As we've been discussing, we've been keeping tabs on the Trump tariffs, the recent backtracking on the rates for coffee, cocoa and bananas. Here is the CNBC's Lorraine LaRocco with a look at with a detailed look at the impact of this food inflation on the Thanksgiving dinner table. Take a listen. Trump is saying food prices will go down as a result of the removal of his tariffs on foods ranging from coffee, beef, cocoa to bananas. But consumers will not start seeing price decreases anytime soon. Based on supply chain management data and history, it takes about six months for prices to increase and about the same time for prices to return back to recent levels. That's if they even do return. It is not a guarantee. The reason why is commodities such as cocoa and coffee were purchased under higher tariffs and high commodity buys and stored in warehouses. These items are now coming onto store shelves. Prices will not go down until these higher priced inventories are sold. Diving into the food categories, cocoa and beef prices have been influenced by smaller supplies and tariffs. The tariffs on imported beef have ranged between 15 to 50 percent. The tariff impact has been compounded by drought for both cocoa crops and beef herds. The lack of water has impacted the size of crops and the lack of grasslands has led to smaller cattle herds to feed on. Cattlemen are not increasing herds by using feed because the prices are up as a result of tariffs on fertilizers used to grow the soybeans and corn which are used in feed. Also, the machinery and components they use to grow the crops are also under tariffed. Canned food is also up because of the aluminum tariffs. The price of canned cranberries is up 15 percent this Thanksgiving, according to Mielsen IQ, and pecan pies are up 15 percent. Turkey flocks are also smaller because of avian flu. Walmart's Thanksgiving bundle is a great example for investors to look at when it comes to food inflation. They have replaced the canned cranberries with fresh cranberries and eliminated the pecan pie and have moved away from brand names to their private label to save money to keep that at the same price as last year. Walmart has also moved to a smaller turkey. Those familiar with Walmart's bundle tell CNBC this year's bundle has 30 percent less product. For CNBC Business News, I'm Lorianne LaRocco.

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