Monday, April 21, 2025

How New Tariffs Could Inflate Pet Care Costs: What Every Pet Owner Needs to Know

How New Tariffs Could Inflate Pet Care Costs: What Every Pet Owner Needs to Know

Proposed Tariffs Could Drive Up Pet Care Costs for Owners Nationwide

Concerns Over Rising Expenses

INDIANAPOLIS — Pet ownership grows across the United States. Many owners now worry about rising pet care costs. Tariffs proposed by President Trump may raise prices on key pet products.

Owners share their struggles. Ellie Cornett and Steven Howes tell their stories. Cornett owns a King Charles Cavalier named Winston. She shows that special puppy food costs about $50 per bag. One bag lasts one month. For tight college budgets, this price adds up fast. "That’s a big expense for sure," Cornett said.

Howes, who owns a Pembroke Welsh corgi, agrees. He notes that routine vaccines now cost almost twice as much. "He is AKC registered, so it's always naturally expensive," Howes stated. Pet care costs can strain funds.

Expected Price Increases

The True Cost of Pet Parenthood Report by Rover says dog expenses may rise by 7%. Cat costs may go up by 10% this year. Professor Andreas Hauskrecht from the IU Kelley School of Business disputes the idea that pet food is cheap. He says the new tariffs add extra problems for pet owners.

Hauskrecht explains that tariffs on steel and aluminum raise the cost of soft food in cans. He adds that supply chains for pet food work with Mexico and Canada. Tariffs affect those chains too.

Implications for the Supply Chain

Hauskrecht warns Indiana. The state has many complex supply chains. This means Indiana may see rising pet care prices. He asks local residents to note these economic impacts.

Despite the fears of higher prices, many pet owners remain dedicated. Howes insists, "If you know avid dog lovers, it’s not going to stop us by any means necessary. It’s like having children—he’s my third kid." This shows how deep the commitment runs.

Future Financial Expectations

Rover predicts that by 2025, dog ownership will cost from $1,400 to $5,200 each year. Cat ownership may cost between $750 and $3,500 annually. These estimates show that pet care is growing more expensive as economic conditions change.

As prices rise, pet owners face harder choices. Tariffs and costs will continue to affect pet care. This trend reflects broader economic shifts and personal priorities for pet lovers nationwide.

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