Amid deepening tariff fatigue, F&B leaders brace for prolonged disruption while rethinking sourcing and private-label strategy. With costs rising and margins thinning, industry players are innovating, deploying strategies like alternative sourcing. FI recently gleaned business tips from dozens of industry leaders regarding tariffs.
Smucker stock has plunged to decade-lows after a bruising earnings miss and nearly $2B in impairment charges tied to its Hostess buy. With profits set to drop again, investors are questioning the company’s strategy.
President Trump’s unprecedented use of the International Emergency Economic Powers Act to impose tariffs on Mexico, Canada, and China marks a significant shift in trade policy, potentially disrupting supply chains and increasing costs for the food industry. Industry executives must navigate these challenges by adopting strategic tariff mitigation practices.
