A Deeper Dive How the restaurant industry is adjusting to the Trump administration
May 21, 2025
Michelle Korsmo, CEO of the National Restaurant Association, advocates for the restaurant industry on key issues like tariffs and immigration. She discusses how rising tariffs are impacting costs for operators and the potential consequences of immigration restrictions on labor availability. Surprisingly, she shares positive perspectives on immigration reform discussions. Korsmo also emphasizes the importance of operational efficiency and innovation for restaurants navigating economic challenges in a competitive landscape.
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Industry Embraces Fundamentals Amid Uncertainty
- The restaurant industry is facing uncertainty over the next year and a half regarding economy and tariffs.
- Operators are returning to fundamentals like customer experience and value to stay strong.
Efficiency Builds Restaurant Resilience
- Restaurants have become more efficient learning from recent disruptions.
- They are adapting to supply chain, labor shortages, and constant change to keep customers coming back.
Enhance Efficiency and Workforce Skills
- Focus on breakthrough efficiency using AI to lower costs and improve operations.
- Empower a future-ready workforce by connecting with employees' career goals and providing skill-building.