A customer service for products in a Heb food business in Austin, Texas, on February 12, 2025.
Brandon Bell | Getty pictures
In the coming weeks, buyers will probably pay more for coffee, bananas, vanilla and toilet paper, as the new tariffs of the Trump government come into force.
The United States is planning to increase the collective bargaining prices that have been imported from more than 180 countries and territories in the hope of bringing jobs back to the state. Some “critical” ingredients and materials in food, drinks and goods that are used every day by US consumers Coca-ColaPresent Procter & GamblePresent Goal and other consumer giant.
“The US companies that are already doing this right, but depend on imports for certain ingredients and inputs that cannot be obtained in Germany,” said Tom Madrecki for the resilience of the supply chain for the CBA, said so well that the success of the President of the President of America. “Mutual tariffs that do not reflect on the ingredient and input availability will inevitably increase the costs, restrict the access of consumers to affordable products and unintentionally damage the iconic American manufacturers.”
On CNBCs “Squawk Box” on Thursday morning, the trade secretary Howard Lutnick dropped the idea that the countries could win exceptions to certain goods. However, the CBA is looking for exceptions for important ingredients and materials that have been done with tariffs to keep prices for its members and their customers low.
On the one hand, the US climate limits the production of some staple foods of the US nutrition, such as coffee, cocoa and tropical fruits, according to CBA. In 2023, the United States was the global bananas importer of Bananas, based on the observatory of economic complexity data. Almost 40% of these bananas come from Guatemala, which will be exposed to a 10% tariff for those exported to the USA
Trader Joe's has long bragged about not to increase the price of his bananas, as can be seen in this photo from 2014.
RJ Sangosti | Denver post | Getty pictures
Due to climate limits, the spices also become more expensive for domestic chefs and bakers, said the CBA. For example, Madagascar makes up more than three quarters of US imports of vanilla, which is already the second largest expensive spice in the world. Exports from Madagascar are subject to tariffs of 47%.
Shares of the spice supplier Mccormick Less than 1% decreased on Thursday after trading in the afternoon. The company is planning to compensate for the tariffs through “some very targeted price adjustments” and a wider program for saving costs, the McCormick executives said at the end of March.
In other cases, decades of shifts in the US agricultural system of domestic care cannot be easily met.
For example, more than 90% of the oats who milled for food in the USA come from Canada to become in muesli, said the CBA. But the U.S.Heaf area reached its peak more than a century ago and, according to the US Agriculture Ministry, has decreased in the decades since then. The domestic food system can no longer grow, store or transport users in the scale that is necessary for demand, said the CBA.
The buyers will probably also pay more for inedible household nears. Toilet paper, diapers, lotions and shampoo could become more expensive if the manufacturers pass on the increased costs for wood cellulateral, bamboo fibers, shea butter and palm oil according to CBA. For example, the United States imports most of its palm oil supply from Indonesia, which is now exposed to an obligation of 32%.
The markets fell on Thursday in response to the notice of tariffs. Shares in the consumer staples sector, which also include many members of the CBA, rose at the afternoon trade when investors left risky bets for the relative safety of budget needs.
Procter & Gamble's shares rose by more than 1%, while Coke's shares rose by 2%. General Mills shares rose by 3%.
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