President Donald Trump’s drive to swiftly realign the federal government’s policies and priorities is poised to significantly affect the grocery industry.
Economists believe the new president’s plan to impose stiff tariffs on imports will likely cause food prices to rise, while food security advocates worry the White House’s push to cut spending could weaken nutrition assistance programs like SNAP and the Thrifty Food Plan.
The Trump administration also appointed a new leader for the Federal Trade Commission — a change that experts believe will make the agency more open to mergers than it was under former President Joe Biden. The new administration also removed officials of the National Labor Relations Board in a shakeup that could impact how the agency approaches relationships between grocers and unionized workers.
The shift in control in Washington, D.C., raises questions about how actions federal agencies initiated under Biden will play out. For example, the Food and Drug Administration proposed a rule that would require most packaged foods to include nutrition labels on the front less than a week before Trump took office, leaving it up to the new administration to decide how to handle the proposal.
Here’s an overview of grocery industry-related developments connected with the change in presidential administrations.