Calculating the True Cost of Tariffs
Tariffs are reshaping supply chains, squeezing margins, and testing consumer loyalty. In the weeks ahead, food industry leaders will need to pivot quickly, CEOs note.
Tariffs are reshaping supply chains, squeezing margins, and testing consumer loyalty. In the weeks ahead, food industry leaders will need to pivot quickly, CEOs note.
Food and beverage businesses have begun to feel the impact of tariffs imposed by President Donald Trump. Some have absorbed the blow. Others were left staggering. When the U.S. raised steel and aluminum tariffs to …
Steel and aluminum tariffs have risen significantly, and grocery prices may soon follow suit. From canned goods to premium imports, food brands face tough choices – shrinkflation, price hikes, or packaging pivots – to absorb escalating costs.
Despite escalating trade tensions and a growing Canadian consumer boycott of American products, U.S. brands still have opportunities in Canada, particularly in resilient categories like soft drinks. A poll by Leo & Dragon revealed that Millennials and Gen Z consumers remain open to purchasing American goods.