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Trump removes tariffs on range of F&B products including cocoa, coffee and beef
US President Donald Trump has announced that a range of food and beverage products will no longer be subject to the sweeping tariffs he announced earlier this year.
Update: How the new EU and US tariffs agreement will impact F&B businesses
Following Donald Trump’s open letter to the EU proposing trade tariffs, an agreement between the US and EU has been reached during the US President’s recent trip to Scotland.
Update: Global shockwaves as Trump's tariff proposals challenge food and drink trade
Donald Trump has been making headlines recently, notably for his controversial comments regarding Coca-Cola, which sparked discussions about corporate influence and American products.
Diageo has revealed plans to implement a $500m cost savings programme over three years, to enable reinvestment in future growth and ‘improved operating leverage’.
In a bid to support economic growth and lower costs for consumers, the UK government has suspended import tariffs on dozens of ingredients and food items until 2027.
