Loyal McDonald's customers can soon notice towering prices on his menu items nationwide.
The Handelsminister of Australia, Don Farrell, revealed that Americans could possibly increase an increase in the costs of Big Macs as a result of new tax levies.
The news comes after US government officials have suggested to impose rates for Australian Lamb and beef.
These rates may destroy the agricultural industry, which is good for more than $ 5 billion in exports.
“The meaning of course for the US about our export of beef is that most of McDonald's Hamburgers goes,” the traded minister recently told Sky News.
'If you increase the price of that beef output by 25% or 10% or what the figure is, you simply push the price of hamburgers in the United States. It is not logical. '
Farrell continued by saying that he does not know what to expect from Donald Trump's government and suspects that the US government does not know what to do.
The prices of Big Macs may rise if the rates are imposed on Australian Lamb and beef
The Handelsminister of Australia, Don Farrell, has expressed the wish for the US government not to impose the rates
Trump ignited the tarief discussion during his presidential campaign last year and called it 'the most beautiful word in the dictionary' in October 2024.
He later announced plans to add 25 percent rates for all import from Canada and Mexico and a rate of 10 percent on goods from China a month later.
The rates in Canada, China and Mexico came into force on March 4, but were later paused on Canadian and Mexican goods that are affiliated with the United States-Mexico-Canada agreement, or USMCA and free trade agreement.
Building materials sent from those areas to the US have risen due to the taxes.
With this increase, the costs of single -family home in the US would go from $ 7,500 to $ 10,000 according to the National Association of Home Builders.
Farrell has shown a strong opposition to the taxes and has called the tariff determination 'the wrong policy to accept'.
“We should make more free trade, more fair trade, rather than less trade,” said the trade manager.
“And of course one of the things we have done in the government is our trade relationship.”
Joe Erlinger confirmed the menu prices by 40 percent between 2019 and 2025
The McDonald's restaurants have considerably increased the costs of his menu items before the escalation of Trump's trade wars.
There had been news for circulating social media that the costs of Big Macs increased by 100 percent compared to the prices of 2019 last year.
Joe Erlinger, president of McDonald's USA, confirmed that this was incorrect and called the right percentage growth.
“The average price of a Big Mac in the US was $ 4.39 in 2019,” Erlinger wrote in a letter from May 2024.
'Despite a global pandemic and historical increases in the costs of the supply chain, wages and other inflatory pressure in the following years, the average costs are now $ 5.29. That is an increase of 21% (not 100%). '
The president confirmed in the same letter that the restaurant chain menu had an increase of 40 percent in the last five years.
McDonald's also increased the prices for EI McMuffins and Hashbrowns, which were factors in a profit of 7 percent at the beginning of 2024.
The company continues to work on attracting customers and stimulating profit after completing 2024 with more than $ 130 billion in global system sales.
McDonald's earned more than $ 130 billion in global system sales last year
“Accelerating the arches remains the right strategy because we are concentrating on the growing market share,” said chairman and CEO Chris Kempczinski in a winning report published on 10 February.
“We play to win, aimed at our customers with excellent value, exciting menu innovation and culturally relevant marketing.”
It has also succeeded in staying up to date with running his new McValue platform, which offers its $ 5 meal deal offer.
McDonald's is expected to publish his next winning report on April 29.
