Tariffs Sweeten Candy Prices, Souring Small Business | JQJO

Economy Candy, a New York City candy store, is feeling the impact of President Trump's tariffs. Owner Mitchell Cohen says nearly all of his 2,000+ items are affected, either directly through import tariffs on foreign candies or indirectly through increased costs of domestic candies relying on global ingredients. Already facing rising prices for cocoa and other ingredients, the tariffs are exacerbating inflation. Cohen fears price increases are inevitable, impacting his store's affordability and potentially hindering his recent efforts to expand international sales. The tariffs, averaging nearly 25%, represent the highest rate in over a century, raising concerns about their broad economic impact.