U.S. food giants seek tariff exemptions amid rising costs
Major U.S. food companies, including PepsiCo, Conagra and J.M. Smucker, have petitioned President Donald Trump for specific tariff exemptions on imports of cocoa, coffee and tropical fruits, Reuters reported Wednesday. These ingredients are essential to their products but are not produced domestically.
The Consumer Brands Association, a consumer products trade group representing the companies, requested the exemption on Monday. The group emphasized that exempting these items would protect manufacturers reliant on U.S. farmers for other supplies and help reduce consumer inflation.
The U.S. food industry is concerned that new tariffs on goods from China, Canada and Mexico could escalate production costs, leading to higher prices for consumers already affected by recent inflation.
Read more about tariffs coverage from Endeavor Business Media
- Industry Week: Trump’s Tariff Plan: A Strategic Move to Reshore Manufacturing
- Food Processing: Canadian Brewer Offers a 1,461-Pack of Beers – ‘Enough To Get Through a Presidential Term’
- EHS Today: EHS and ESG: Navigating the Changing Landscape in 2025
- Pharma Manufacturing, covering ingredients: Canadian biopharma Theratechnologies is caught in the crossfire of a US-Canada trade war
- Food Processing: Lindt May Shift Canada Chocolate Supply From U.S. Plants to Europe Because of Tariffs
About the Author
Linda Becker
Head of Content
Linda Becker is head of content for Automatic Merchandiser and VendingMarketWatch.com, responsible for the brands’ overall content strategy, planning and performance. She oversees the creation and performance of editorial and multimedia content across platforms such as magazines, websites, webinars, podcasts, newsletters, videos, social media, events and eBooks.
Since joining Automatic Merchandiser and VendingMarketWatch.com, Linda has developed a new appreciation for the convenience services industry and its essential role. She is dedicated to serving readers by covering the latest news in the vending, office coffee service and micro market industry. She can be reached at 262-203-9924 or [email protected].