The Overseas Floral Business Is Blooming … For Now |
Recent forecasts from the U.S.D.A. estimated that Americans would spend billions on imported cut flowers in 2025. But the new 10% tariff for all flower-importing countries will likely increase the cost for florists and consumers alike. Will these unexpected price hikes for flowers nip those estimated sales in the bud? |
Source: USDA Economic Research Service, Outlook for U.S. Agricultural Trade, AES-131, February 2025. |