Maple Syrup
Canada is a major global supplier of maple syrup, accounting for 70% of its production worldwide. However, the United States will soon find itself in a sticky situation, considering the recent 25% tariff. What would pancakes be like without a dripping layer of maple syrup? American consumers, it seems, are about to find out. The tariff apparently also affects the price of Canadian-manufactured syrup production equipment. This means that even locally made syrup will be more expensive, leaving us with few alternatives. Maple syrup is not the only sweet treat about to get pricier, though. In late 2024, chocolate hit a record-high price of $10.32 per kilogram! Even premium brands are having to adjust their prices in response.