Question

short-term effects of the tariff on food supply in America

Answer 1

A tariff will increase the price of the input in America. At a higher price, people will consume less and local producer will come in to produce more at the higher price. This were those producers who were not efficient enough to compete in the market at the world price when the tariff was not there in the local market.

Overall, a tariff on the food supply in America will raise the price, decrease the imports at a higher tariff will be reduced and the local supplier will start filling in, the government will revenue from the imports after the tariff, consumer will be consuming less at a higher cost and there will be deadweight loss in the market.