Brace Yourself: Rising Import Tariffs May Hit Your Grocery Bill Next As policymakers implement a new wave of 25% tariffs on key imports , many everyday items could see sharp price hikes in the weeks ahead. For shoppers looking to stay ahead of the curve — and the cost — now is the time to act. We’ve identified 10 must-have grocery items you should prioritize before prices surge. These items are shelf-stable, commonly imported, and form the backbone of household staples that will only become more expensive if trade pressures escalate. Whether you're feeding a family, stocking a pantry, or just being smart about your budget, this guide will help you prepare — without panic buying. 🛒 1. Rice A global staple that’s heavily reliant on imports. Tariffs can significantly impact its price, especially for jasmine, basmati, and specialty varieties. Stock up on: 5–10 lb bags of long grain, brown, or jasmine rice — store in airtight containers. 🥫 2. Canned Vegetables Corn,...
Reckitt Benckiser Group plc (Reckitt) announced today that sales of its Mead Johnson baby formula powder are expected to experience a temporary downturn following significant damage to a key third-party warehouse in Mount Vernon, Indiana. The warehouse, which plays a critical role in Reckitt's Mead Johnson Nutrition business, was struck by a tornado on July 9, 2024. In a statement, Reckitt confirmed that all employees are safe and extended its deepest sympathy to the community members affected by the tornado. The Mount Vernon warehouse, housing a mix of raw materials and finished products, remains non-operational after partial access was first granted on July 13. To mitigate supply disruptions, Reckitt has redirected all inbound deliveries to its other warehousing facilities across the United States. Reckitt has a robust track record of overcoming supply chain challenges, particularly in the face of emergencies. During the 2022 U.S. baby formula shortage, the company successfully t...