In the latest FI Fast Break news podcast, we break down the growing ‘K-shaped economy’ in America.
In other news, the Trump administration proposed a new 25% tariff on Brazilian goods following an investigation which found the country engages in unfair trade practices. The new tariff scheduled exempts certain food products, including coffee, beef, and some fruits, reported Bloomberg. Full Story (Sub. Req.)
Elsewhere, the presence of the parasitic New World Screwworm was recently discovered 31 miles from the U.S. border, in a sheep in the state of Coahuila, Mexico. To keep NWS out of the country, the USDA has blocked cattle imports from Mexico since 2025, reported MEAT+POULTRY. Full Story
Meanwhile, the most innovative new products at the recent Sweets & Snacks Expo included raspberry rose popcorn and crunchy jelly beans. Award-winning brands at the event in Las Vegas included Warheads, Dot’s, Issei, and Belle’s Gourmet Popcorn, reported Food Processing. Full Story
AND LASTLY, beef prices are hitting records, yet industry insiders say loyal steak buyers are unlikely to walk away. Consumers may shift to cheaper cuts or add more eggs, chicken, and seafood, but true beef demand remains firmly intact. FI Focus.
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