Franchise News
After eight years of new regulations from the Obama administration, many were hoping restaurants’ relationships with government would be less strained with Trump.
Because the Obama administration imposed many controversial regulations, like minimum wage and overtime, the restaurant industry’s relationship with the government has been strained over the last eight years. But while much of the restaurant industry has supported Trump and his nomination of CKE CEO Andy Puzder as labor secretary, some in the industry are concerned about the actions Trump has taken since entering office.
Fast Casual managing editor Cherryh Cansler tackles how some of the Trump administration's activity over the past week and a half could effect the restaurant industry and its consumers. Among the actions, she delves into how Trump’s proposed 20 percent tariff on Mexican goods, which is supposed to pay for the U.S./Mexican border wall, could potentially increase prices for restaurants who source much of their produce, like avocados, from Mexico. Cansler also addresses many restaurant industry CEO's opposition to Trump’s views on immigration reform.
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