Omaha business braces for the impact of President Trump’s tariffs

OMAHA, Neb. (WOWT) - As stocks spiral out of hand, there’s fear and confusion on the impacts President Trump’s tariffs will cause.

Out of uncertainty, Omaha businesses like Aviles Latin Market are bracing for the impact.

It’s located near 108th and Q streets. Inside the shop, you’ll find all kinds of goodies from Latin America.

“Whether it’s Colombia, Puerto Rico, Dominican Republic, Mexico,” Jose Aviles, owner of Aviles Latin Market, said. “One of those daily items.”

But, what Owner Jose Aviles said really draws in his customers more is its deli.

“We’re about done with our kitchen remodel to have a bigger menu and offer more food,” Aviles said.

However, soon his food could soon come with a higher price tag. This is a result of the tariffs.

Unlike the 2017 trade war, inflation is already elevating costs.

“You know 50 cents, maybe 75 cents for certain products, not that much,” Aviles said. “But, we’ll see next week what happens.”

Economist Dr. Ernie Goss at Creighton University said how expensive things get could also depend on how our global trading partners react to the tariffs.

“Do they relent, do they raise their tariffs,” Goss said. “If they raise their tariffs, this could be a long drawn out trade war.”

Aviles has already had to make tough choices this year. Because of the Bird Flu, he stopped selling eggs.

“I would have to sell them at $13 dollars a dozen,” Aviles said. “I’m like I can’t even fathom buying them myself.”

Being a popular neighborhood spot for Latin cuisine and everyday groceries, Aviles hopes he can still provide more rather than less.

“You know we’re just taking it day by day hoping that folks keep supporting us and that it’s not us,” Aviles said. “We’re doing everything we can.”

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