warns

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…

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…