tariffs

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…

Post Holdings Adjusts Acquisition Strategy Amid Economic Uncertainty Post Holdings, a major player in the consumer packaged goods (CPG) sector, is making strategic changes to its acquisition approach in response to tariffs and economic instability. Chief Operating Officer Jeff Zadoks…

Key Points: Food manufacturer Utz remains confident in its 2025 financial guidance, aiming for low single-digit net sales growth. CEO Howard Friedman stated that Utz expects only a “modest impact” from tariffs due to its domestic sourcing and U.S.-based factories.…

President Donald Trump announced on Wednesday that the U.S. will be pausing most country-specific tariffs for a period of 90 days. This move has led the European Union to also halt threats of retaliatory duties. Despite the pause, most countries,…

Shortly before President Trump’s announcement of broad baseline tariffs on Wednesday afternoon, the U.S. Department of Commerce released a document outlining separate 25% duties on beer and aluminum cans, set to go into effect just after midnight on Friday. The…

As the 25% tariff on aluminum and steel imports goes into effect this week, trade groups in the U.S. that rely on metals are urging the Trump administration for exemptions. Robert Budway, president of the Can Manufacturers Institute, expressed concerns…

The European Union is responding to U.S. tariffs on steel and aluminum imports that went into effect on Wednesday, as reported by the European Commission. Retaliatory tariffs on previous U.S. duties on EU steel and aluminum will be reinstated on…