President Trump recently announced sweeping tariffs on imported goods in a move he claims will revive manufacturing and generate revenue in the U.S., and while we don’t know for sure how — or if — they will impact Disney World, all signs point to potential price increases in the parks.

It seems as though we aren’t the only ones concerned about the impact of these tariffs, either. Disney CEO Bob Iger made a surprise appearance at ABC News’ daily editorial meeting on Thursday, April 3rd, and voiced his worries.

According to Oliver Darcy’s Status newsletter, Disney CEO Bob Iger expressed concern about the impact a potential trade war would have not just on his company, but on the American economy as a whole.

He emphasized that relocating international manufacturing to the United States “speedily” would be impossible, along with indicating that most people “don’t really understand how tariffs work.” Anonymous ABC staffers who were at the meeting shared that Iger’s second comment seemed to be his instruction for ABC News to connect the dots for its readers and viewers.

As the conversation continued, Iger was described as continuously jumping into the conversation to share his “unfiltered views” — especially as it relates to Disney Cruise Line’s two new ships that rely on steel for construction.

Iger shared that many major companies rely on thousands of specialized overseas workers who would need to be replaced and trained on U.S. soil.

As a refresher, a tariff is a government surcharge on products imported from other countries, and they’re paid by the companies that import goods into a country. The costs of these tariffs can be passed around depending on how countries and companies react, but the New York Times says that trade policy experts agree that “American consumers will most likely bear the cost of the new U.S. tariffs,” notably, as they did during Trump’s first term.

To offset the costs of these tariffs, retailers often increase prices — and manufacturers face higher costs.

Food analyst experts have said that most Americans are likely to feel the impact of these tariffs at grocery stores first — and soon, potentially before April is over. But, it’s not just the grocery store as restaurants and other food vendors will likely have to increase prices to offset the import costs as well.

We’ll continue to be on the lookout for more updates that could impact your Disney World vacation. In the meantime, make sure you stay tuned to the Disney Food Blog for the latest Disney news.

The post NEWS: Disney CEO Bob Iger Comments on New Tariffs first appeared on the disney food blog.