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Although inflation fell to 9% in September from 10.5 percent in August In Spain, rising expenses have harmed sheep and cattle farmers. Rising energy costs are thought to be the reason for increasing food prices in the supply chain.

“It’s getting more expensive because the raw materials to feed the animals are more expensive than ever. The weather hasn’t helped either. We are going to get to a point where it isn’t sustainable. I don’t know what measures we can take. But if we don’t do anything, we won’t be able to keep the farm running.” said Jose, a shepherd.

The country has also been hit by one of the worst droughts on record, which resulted in higher prices for animal feed.

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China Hits Back at US Tariffs

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China has imposed a 34% customs duty on all US goods in response to the same rate announced by US President Donald Trump. The move includes trade restrictions on rare earth exports critical to tech and defense industries and the suspension of chicken imports from two US firms.

China also blacklisted 11 American companies, including major defense and tech firms, banning them from trade with Chinese entities. Additionally, China filed a complaint at the World Trade Organization, calling the US tariffs a violation of global trade rules and an act of “unilateral bullying.”

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