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Industry Update: Tariffs, Tax Cuts, and Bird Flu Profits: What’s Really Happening Behind the Headlines?
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Thanks for joining us for another episode of SNEED-CAST; the show where we’re keeping you up to date with the ever changing world of manufacturing, processing, packaging, coding and so much more. Today we’ll be discussing topics ranging from tariffs targeting Canada, China, and Mexico causing disruptions across the industry, to the Trump administration's announcement to cut 90% of USAID foreign aid contracts, to increased tariffs on aluminum and steel affecting small and independent brewers, to states considering eliminating taxes on groceries, and finally, are egg giants profiting from this bird flu outbreak?
Articles:
1) Businesses Scramble to Contain Fallout from Trump's Tariffs on Canada, China and Mexico
www.foodmanufacturing.com/supply-chain/news/22935067/businesses-scramble-to-contain-fallout-from-trumps-tariffs-on-canada-china-and-mexico?
2) Trump Administration Says it's Cutting 90% of USAID Foreign Aid Contracts
www.foodmanufacturing.com/supply-chain/news/22934552/trump-administration-says-its-cutting-90-of-usaid-foreign-aid-contracts?
3) Trump Administration Announces New Tariffs on Aluminum and Steel
www.brewersassociation.org/government-affairs-updates/trump-administration-announces-new-tariffs-on-aluminum-and-steel/
4) Groceries Around the Country Remain Expensive. That's Why More States Want to Stop Taxing Them
www.foodmanufacturing.com/consumer-trends/news/22935083/groceries-around-the-country-remain-expensive-thats-why-more-states-want-to-stop-taxing-them?
5) Are Egg Producers Inflating Prices During the Bird Flu Outbreak to Boost Profits?
www.foodmanufacturing.com/supply-chain/news/22934648/are-egg-producers-inflating-prices-during-the-bird-flu-outbreak-to-boost-profits?
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Time codes:
00:49 - Tariff Scrambles
03:28 - USAID Cuts
6:42 - Aluminum and Steel Tariffs
9:37 - Tax on groceries
12:47 - Egg Price Hike
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