LANSING — Michigan businesses and consumers are continuing to see the impacts of President Trump’s tariff policy as the administration says it’s walking back some charges on everyday items.

A recent report from the state says that grocery prices are expected to rise about 3.5% by the end of 2025, with harsher impacts expected for low-income consumers.

Last week, the Trump administration said it would lift tariffs on everyday products that have seen price increases in recent months — coffee, orange juice, beef, bananas and other fruits.

“For lower income households, a huge portion of their budget is made up of those necessity items,” said Ari Shwayder, an economics professor at the University of Michigan Ross School of Business.

Economists say that the price increases and consumer impa

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