Scott Simon

What food could see the biggest price increases? Seafood. The U.S. imports around 80% of the seafood we consume. That's fish, but also other things like shrimp and scallops. We get a lot of it from Asian countries that have high tariff rates, India with a 26% rate and Indonesia with a 32% rate.

What food could see the biggest price increases? Seafood. The U.S. imports around 80% of the seafood we consume. That's fish, but also other things like shrimp and scallops. We get a lot of it from Asian countries that have high tariff rates, India with a 26% rate and Indonesia with a 32% rate.

So if these countries pass along to consumers even a portion of their higher costs, the price of seafood could skyrocket. And what else might be affected? Well, I spoke with food industry analyst Phil Lempert. He also edits a site called supermarketguru.com.

So if these countries pass along to consumers even a portion of their higher costs, the price of seafood could skyrocket. And what else might be affected? Well, I spoke with food industry analyst Phil Lempert. He also edits a site called supermarketguru.com.

So if these countries pass along to consumers even a portion of their higher costs, the price of seafood could skyrocket. And what else might be affected? Well, I spoke with food industry analyst Phil Lempert. He also edits a site called supermarketguru.com.

So another item on my list is coffee. Something like 80% of the coffee consumed in the U.S. each year comes mostly from Brazil and Colombia. They only have 10% tariffs, but as most of us know, coffee prices are already high, and this might force us to rethink our morning routines. Then there's alcohol. The U.S.

So another item on my list is coffee. Something like 80% of the coffee consumed in the U.S. each year comes mostly from Brazil and Colombia. They only have 10% tariffs, but as most of us know, coffee prices are already high, and this might force us to rethink our morning routines. Then there's alcohol. The U.S.

So another item on my list is coffee. Something like 80% of the coffee consumed in the U.S. each year comes mostly from Brazil and Colombia. They only have 10% tariffs, but as most of us know, coffee prices are already high, and this might force us to rethink our morning routines. Then there's alcohol. The U.S.

gets a lot of its imported beer from Mexico, the Netherlands, Ireland, and Canada, and a lot of its wine from European Union countries that will now have a 20% tariff.

gets a lot of its imported beer from Mexico, the Netherlands, Ireland, and Canada, and a lot of its wine from European Union countries that will now have a 20% tariff.

gets a lot of its imported beer from Mexico, the Netherlands, Ireland, and Canada, and a lot of its wine from European Union countries that will now have a 20% tariff.

And I guess it looks like a lot of Asian countries will face higher tariffs also.

And I guess it looks like a lot of Asian countries will face higher tariffs also.

And I guess it looks like a lot of Asian countries will face higher tariffs also.

Right. We already mentioned seafood, but another major export from Asia is rice. About a third of the rice the U.S. consumes comes from there. Jasmine rice from Thailand, which will have a 36 percent tariff, and basmati from India, which faces a 26 percent tax. Kenneth Rogoff, a Harvard economics professor, says some minority communities that rely on imported food are probably going to be affected.

Right. We already mentioned seafood, but another major export from Asia is rice. About a third of the rice the U.S. consumes comes from there. Jasmine rice from Thailand, which will have a 36 percent tariff, and basmati from India, which faces a 26 percent tax. Kenneth Rogoff, a Harvard economics professor, says some minority communities that rely on imported food are probably going to be affected.

Right. We already mentioned seafood, but another major export from Asia is rice. About a third of the rice the U.S. consumes comes from there. Jasmine rice from Thailand, which will have a 36 percent tariff, and basmati from India, which faces a 26 percent tax. Kenneth Rogoff, a Harvard economics professor, says some minority communities that rely on imported food are probably going to be affected.

Scott, do you have an idea of how much prices are going to rise because of the tariffs?

Scott, do you have an idea of how much prices are going to rise because of the tariffs?

Scott, do you have an idea of how much prices are going to rise because of the tariffs?