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Food & Beverage: Page 20

U.K. and India Seal Free Trade Agreement Slashing Tariffs, Barriers

The pact comes after three years of intense negotiations touching on thorny topics such as visas, tariff reductions and tax breaks.

Keir Starmer greets Narendra Modi at Chequers near Aylesbury, July 24. Photographer: Chris J. Ratcliffe/Bloomberg

Pricing Power: The Most Effective Weapon During Trade Wars

With global trade frictions and rapid policy shifts set to continue, companies can no longer afford to treat tariffs as a short-term challenge

Photo: iStock.com/solarseven

Climate Crisis Has Caused Food Price Spikes

In Ethiopia, food prices jumped by 40% in March 2023, following the worst drought the Horn of Africa had seen in 40 years.

Photo: iStock / batuhan toker

Coca-Cola to Start Using Cane Sugar in U.S. Soft Drinks

The company laid out its plans to launch a product using cane sugar for its flagship soda in the U.S., but clarified that it will act as a complement to its current offerings.

Photo: iStock / coldsnowstorm

U.S. Beef Prices Soar to Record Highs

According to data from the USDA, beef prices have jumped by nearly 9% since January, with steak up a whopping 12.4% over the last year.

Photo: iStock / Hitra

U.S. Corn Industry: Coca-Cola's Rumored Switch to Cane Sugar 'Doesn't Make Sense'

Corn Refiners Association president John Bode was critical of a Coca-Cola's rumored switch to cane sugar, claiming that it "doesn't make sense."

Photo: iStock/Juanmonino

U.S. and Indonesia Reach Trade Agreement

Indonesia ranks as one of America's top 25 trade partners, sending about $28 billion to the U.S. in 2024, including clothing, footwear and palm oil.

Photo: iStock/richcarey

Trump Hits Mexico With 17% Tariff on Tomatoes

Mexico accounts for roughly 70% of tomatoes sold in the U.S., up from the 30% share Mexico had 20 years ago.

Photo: iStock / Sandor Mejias Brito

Italy’s Ferrero to Buy U.S. Cereal Icon Kellogg

Ferrero said the deal would expand its presence in North America and help the company move beyond its candy and snack offerings.

Photo: iStock.com/radub85

U.S. Tariff and Deportation Policies on Collision Course in Agribusiness

Already, crops are rotting in the fields and warehouse managers are struggling to find workers. How will the push for goods made in America play out?

Image: iStock/Marcos Silva

Canned Food Giant Del Monte Files for Bankruptcy

Del Monte submitted its bankruptcy filing on July 1, while agreeing to a restructuring agreement with its lenders where it will sell off its assets to cover its debts.

Photo: iStock / WendellandCarolyn

Trump’s Tariffs Come with an $82B Bill, Says JPMorganChase

The analysis is among the first to measure the direct costs created by the import taxes on employers with $10 million to $1 billion in annual revenue.

Image: iStock/Douglas Rissing

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