Food and drink
Trump’s immigration policy is weighing on beer sales, Constellation Brands CEO says
Bottles of Corona beer, the flagship brand of Grupo Modelo are displayed in this illustration taken in Monterrey, Mexico, February 18, 2025. Daniel Becerril | Reuters President Donald Trump’s tariffs aren’t the only presidential policy that is weighing on Constellation Brands. Along with tariffs on Mexican imports, his hardline immigration stance is also hurting the […]
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Shoppers will pay more for bananas, coffee and toilet paper because of tariffs, trade group says
A customer shops for produce at an H-E-B grocery store in Austin, Texas, on Feb. 12, 2025. Brandon Bell | Getty Images Shoppers will likely pay more for coffee, bananas, vanilla and toilet paper over the coming weeks as the Trump administration’s new tariffs go into effect. The U.S. plans to hike tariff rates on […]
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Trump administration puts 25% tariff on all canned beer imports, empty aluminum cans
Aluminum cans wait to be filled with craft beer during a production run at Black Plague Brewery in Oceanside, California, U.S., March 14, 2025. Mike Blake | Reuters The Trump administration will implement a 25% tariff of all imported canned beer and empty aluminum cans starting Friday, according to a notice from the Department of […]
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Edible Arrangements’ parent company is launching a marketplace for the other kind of edibles
The homepage for Edibles.com, the hemp marketplace from the parent company of Edible Arrangements Source: Edible Brands The parent company of Edible Arrangements is moving into a different kind of edible. Edible Brands is launching Edibles.com, an e-commerce marketplace for hemp products, like Cann drinks and Wana gummies. The 2018 Farm Bill legalized hemp, which […]
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Ben & Jerry’s says parent Unilever decided to oust ice cream maker’s CEO
Sign for the ice cream brand Ben & Jerry’s on 6th November 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images Ben & Jerry’s said its parent, Unilever, decided to oust the ice cream maker’s chief executive, Dave Stever, escalating a battle over the subsidiary’s independence on social policy issues. In […]
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PepsiCo buys prebiotic soda brand Poppi for more than $1.6 billion
Super Bowl ad of Poppi. Source: Poppi PepsiCo said Monday that it is buying prebiotic soda brand Poppi for more than $1.6 billion. The food and beverage giant said it plans to acquire the upstart for $1.95 billion. The deal includes $300 million of anticipated cash tax benefits, making the net purchase price $1.65 billion. […]
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Trump’s 200% tariffs could have an unlikely winner — troubled beer brewers
A twelve pack of Budweiser sits on a shelf for sale at a convenience store in New York City. Drew Angerer | Getty Images U.S. President Donald Trump’s threat to impose 200% tariffs on alcohol from Europe would serve a major blow to drinks makers on the continent, but it could have one unlikely beneficiary […]
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Trump threatens to put 200% tariff on French Champagne and other EU spirits
Moet champagne bottles are seen at Berlin Brandenburg airport in Schonefeld, Germany on February 24, 2025. Jakub Porzycki | Nurphoto | Getty Images President Donald Trump said Thursday he plans to put a 200% tariff on alcohol from France and other European nations in the latest escalation of global trade tensions. The U.S. tariff comes […]
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RFK Jr. pressures Big Food to remove artificial dyes in meeting with CEOs
Robert F. Kennedy Jr., U.S. President Donald Trump’s nominee for Secretary of Health and Human Services testifies during his Senate Finance Committee confirmation hearing at the Dirksen Senate Office Building on January 29, 2025 in Washington, DC. Win Mcnamee | Getty Images News | Getty Images Health and Human Services Secretary Robert F. Kennedy Jr. […]
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USDA cuts over $1 billion in funding for schools, local food purchases
4th graders are served lunch at Heather Hills Elementary School in Bowie, Md., on Oct. 22, 2024. Tom Williams | CQ-Roll Call, Inc. | Getty Images The U.S. Agriculture Department has cut two federal programs that spent over $1 billion annually to help schools and food banks buy food from local farms and ranches, according […]
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