Pet Owners Brace for Increased Costs as Tariffs Threaten Pet Care Prices

Proposed Tariffs Threaten to Increase Pet Care Costs Nationwide

By Amber Grigley
Posted and last updated in Indianapolis

Pet ownership grows in the United States. Many pet owners fret over higher costs. Tariffs may raise the price of pet products. Pet owners now face tighter budgets.

The Rising Cost of Pet Ownership

Ellie Cornett is a college student. She has a King Charles Cavalier named Winston. She cares for a young puppy. Specialized puppy food costs around $50 per bag. A bag lasts one month. “That’s a big expense as a college student for sure,” she said.

Steven Howes owns a Pembroke Welsh corgi. He notes that veterinary care costs grow fast. Costs for vaccinations have nearly doubled for him. His experience shows worry among pet owners.

A report by Rover, "True Cost of Pet Parenthood," predicts that dog owners will see costs rise by about 7%. Cat owners may see a 10% increase this year. It adds more strain on pet budgets.

The Impact of Tariffs on Pet Products

Economists now warn that tariffs will push prices higher. “Soft food comes in cans. Cans cost more because tariffs raise the price of steel and aluminum,” said Professor Andreas Hauskrecht. He teaches business economics at the IU Kelley School of Business. His words link the pet food supply chain to parts from Mexico and Canada. Prices of pet food and related items may rise more.

Hauskrecht sees wide effects for Hoosiers. Indiana plays a key role in the pet product supply chain.

Navigating the Financial Landscape of Pet Care

Pet owners still care for their animals. “Avid dog lovers and avid cat lovers will not be stopped,” said Howes. He compares caring for his corgi Ollie to caring for a child. Many pet owners feel strong love for their pets.

Rover predicts that by 2025, dog ownership may cost between $1,400 and $5,200 per year. Cat care may cost from $750 to $3,500 per year. These growing costs worry many pet lovers.

Conclusion

Pet owners now face a hard choice. Tariff talks continue as prices rise. Pet lovers and policymakers must watch these changes. They need to know the full scope of the problem.

For now, pet owners like Cornett and Howes stick by their pets. They care deeply despite rising costs in pet care.

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