New U.S. tariffs, particularly on Chinese imports like soy sauce, are driving up costs at specialty stores, raising fears that smaller importers could face pressures challenging their ability to maintain safety standards.
Surprise policy shifts have added uncertainty to the trade landscape.
On April 9, 2025, the Trump Administration paused its steep “reciprocal” tariffs on countries like Vietnam, Thailand, and the Philippines for 90 days, leaving a baseline 10 percent tariff on most imports from these nations. However, tariffs on … Read the rest