Since his inauguration Monday, President Donald Trump announced he would impose 25% tariffs on imports from Canada and Mexico, and a 10% tariff on China, beginning Feb. 1. He has also directed federal agencies to study trade relations before potentially considering tariffs on additional countries this spring.
What could that mean for the U.S. economy and the global floral industry?
Society of American Florists Senior Lobbyist Joe Bischoff, Ph.D., and Chief Economist Charlie Hall, Ph.D. will share insights into the implications of new tariffs and policies, and the current state of the economy, during the virtual event, “2025 Outlook: Policy Impacts and Economic Insights,” Jan. 29 at 2 p.m. EST. The event is free for all SAF members. Click here to register.
In this short video, Bischoff shares some of his insights on Trump’s plans for tariffs, and the potential impact they could have on the floral industry.
Amanda Jedlinsky is the senior director of content and communications for the Society of American Florists.