Meat counter in a supermarket in Omaha, Nebraska. File photoWASHINGTON, Mar 28 The US does not expect domestic food shortages, but is allowing food prices to rise due to events in Ukraine and sanctions against Russia, Cecilia Rose, head of the White House economic advisory group, said. «We do not expect a shortage here because we are a net exporter. However, we are aware that there are regions in the world that are highly dependent on wheat exports from certain countries,» she said at a press briefing.
The economist called the point of no return for the dollarRose stated that the authorities already see «some impact» of sanctions on fuel prices in the United States, where they refused to purchase oil and petroleum products in Russia. «We can also see some effect on food through (rising prices for) fertilizers and energy,» she added.
