tariffs

Concerns are growing among grocery shoppers that the tariffs imposed by the Trump administration on imported goods could lead to higher prices at the supermarket, according to survey data from FMI – The Food Industry Association. Despite these worries, most…

Key Points: Conagra Brands, based in Chicago, is expecting a significant increase in cost of goods sold (COGs) inflation for fiscal 2026, with a combination of 4% core inflation and a 3% rise due to tariffs, totaling around 7% according…

The Impact of Tariffs on the Global Spice Market President Donald Trump’s tariff policy is sending shockwaves through the global spice market, with tariffs as high as 50% set to take effect on Aug. 1 for countries without bilateral trade…

Key Points: McCormick predicts potential annual losses of up to $90 million due to Trump administration tariffs on spices that cannot be grown commercially in the U.S. The company plans to increase prices selectively in response to higher commodity costs…

Senator Maggie Hassan has reached out to major retailers such as Albertsons, Kroger, Walmart, Costco, and Dollar General to gather information on how the recent increased tariffs on imported steel and aluminum by the Trump administration could impact stores, suppliers,…

Key Takeaways: The implementation of a 50% tariff on imported steel by the Trump administration has the potential to raise canned food prices by 9% to 15%, as per the Consumer Brands Association. The trade organization has warned that as…

Following President Donald Trump’s announcement to increase steel and aluminum tariffs from 25% to 50%, Conagra Brands CFO David Marberger stated that the company will take steps to counteract the impact of the duties. Marberger emphasized the challenges posed by…

Consumer preferences are evolving, and Hershey is adapting by prioritizing innovation. With iconic brands like Kisses, Reese’s, and Dot’s, Hershey is focusing on product innovation and carefully selecting which consumer trends to invest in. The company is not only enhancing…

President Donald Trump has decided to increase steel and aluminum tariffs to 50%, a move that has packaging manufacturers concerned about the impact on the food industry. Despite a recent court ruling blocking many tariffs, Trump’s decision aims to protect…

A federal court has blocked President Donald Trump’s tariff executive orders, ruling that he exceeded his emergency powers in implementing them. The United States Court of International Trade issued an injunction on tariffs imposed on Canada, China, and Mexico, as…