Restaurant owners struggle with rising costs of tariffs

Breakdown

• Tariffs are causing restaurant owners to face higher costs, with Americans bearing 55% of the increased import taxes. 6s
• Sunday Gravy, a family-run restaurant, is spending thousands more monthly on imported ingredients, despite a 30% sales increase. 45s
• Nearly half of surveyed restaurants plan to raise menu prices if costs continue to rise, but fear losing customers due to sticker shock. 1m 28s
• Some restaurants, like Sunday Gravy, are adding a 5% surcharge to offset tariff costs, as allowed by California law. 2m 1s
• The National Restaurant Association is pushing for tariff exemptions on imported food and beverages, warning of potential billion-dollar losses for the industry. 2m 26s