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48°
Monday, mar 17
Tag:
Supply chain disruptions
Business
Canada, Mexico, China Retaliate As Trump's Tariffs Spark Trade Wars: 'We're Ready To Fight'
Canada, Mexico, and China are responding to President Donald Trump officially placing tariffs on the three nations, escalating tensions with the US's key trading partners and increasing concerns about rising costs for American consumers. The US officially imposed 25 percent tariffs on Canadian and Mexican goods on Tuesday, Mar. 4. On the same day, the US also raised tariffs on Chinese imports to 20 percent. On his social media platform Truth Social, Trump claimed the solution to the trade wars is bringing more businesses into the country. "IF COMPANIES MOVE TO THE UNITED STATES, …
Business
Major Grocers Putting Limits On Egg Carton Purchases
Egg shortages are hitting grocery stores nationwide, prompting retailers to impose limits on how many cartons customers can buy. Major chains, including Trader Joe’s, Costco, and Whole Foods, have restricted egg purchases as supply chain disruptions and an ongoing avian flu outbreak send prices soaring. Some locations are limiting customers to one or two dozen eggs per visit in an effort to prevent stockpiling and ensure availability for more shoppers. What’s Behind Egg Shortages? The latest bird flu outbreak has severely impacted egg production, with millions of chickens culled to …
Business
Discount Supermarket CEO Makes ‘Price Promise’ Pledge As Inflation Rate Soars
With inflation skyrocketing across the country, causing the price of food and other merchandise to surge, one supermarket head vowed to keep a tight rein on costs for customers. Aldi US CEO Jason Hart penned a “price promise” letter to consumers this week making a pledge to keep costs down at the discount supermarket chain. Aldi CEO Jason Hart.Aldi “Saving you money is what we do best,” he wrote. “And in times like these, I’m incredibly proud to underscore this commitment to you: no matter what happens in the world around us, Aldi will always be the low-price leader in every community w…