COLORADO SPRINGS, Colo. (KKTV) -Restaurant Elephant Thai says amid tariff negotiations between Thailand and the U.S., prices for imports they use have gone up significantly and could soon affect prices on their menu.
However, the owner says price increases are not due to the tariffs, but rather increased demand to store goods before tariffs officially take effect. Items seeing increases include Coconut milk, Thai chilies, and certain sauces that all come from Thailand.
“When people try to restock inventory, it makes it hard to find that ingredient…for example, coconut milk, it used to be like $70. But now it’s almost $80 per case,” said Suwanna Meyer, Owner of Elephant Thai…