El Salvador's President Nayib Bukele has issued a stern warning to food importers, marketers, and wholesalers against unjustified price hikes, threatening legal consequences for tax evasion, bribery, and smuggling if they fail to comply. Despite constitutional prohibitions, Bukele recently began his second term and stressed the urgency of reducing food prices. He highlighted a 3.51% increase in the basic urban food basket, now costing $256.56 as of May 2024, while noting a decrease in the rural food basket. Bukele's remarks were made during a national broadcast, calling for immediate action to protect the Salvadoran people from exploitation.