President Donald Trump announced a plan for “mutual” definitions on countries that limit markets or reduce markets for American goods, on Thursday at the White House. (X/Margo Martin)
Swiss Chocolate, Lindt & Sprungli, will soon be cut off as a chocolate supplier to Canada amid an introductory war between North American countries.
Canada, which exports 50 % of Lindt chocolate from the United States and the rest from Europe, may soon receive products from Europe as a company measure to avoid Commercial conflict.
Canadian Prime Minister Justin Trudeau A 25 % tariff for American goods announced in response to Trump, which allows 25 % on imports from Canada and Mexico, which enters into force on Tuesday.
“We are closely watching the situation and we have identified different ways to alleviate the impact of definitions,” Lindt & Sprungi spokesman told Fox News Digital. “This includes the possibility of providing countries like Canada and Mexico from our European production facilities.”
Trudeau says Canada will export a tariff of 25 % at $ 155 billion of US goods
Employees packages are products at Lindt & Sprungi Factory in Kilchberg, Switzerland. Facilities in Europe may start charging more products to Canada and Mexico amid a trade war imposed by the United States (Anna Webber/Philipp Schmidli/Bloomberg/Getty Images)
The CEO of Adalbert Lechner also told Reuters that Canada, one of the 10 best markets, is able to get 100 % from Europe.
“The sizes we are currently getting Linga “All can be converted to Europe,” said Lesner.
Cocoa prices continue to rise: What are the higher driving costs?
Lindt employee is watching a Kilchberg wrapping unit, near Zurich, Switzerland, one of 12 company factories around the world. (Gianluca Colla / Bloomberg / Getty Images)
The shift in the supply chain in Canada may start by mid -2015, and the stores in Canada have already stored Lindt products from the United States to provide a period of grace for change, Reuters said ..
While it is more expensive to transfer chocolate From Europe For Canada, the definitions had imposed higher costs on the chocolate maker.
| index | protection | last | Changing | % Change |
|---|---|---|---|---|
| calcareous | Chocoladefabriken Lindt & Springli Ag | 13.5 | +0.45 |
+3.45 % |
European products made may also receive less consumers ’morale than those made in the United States, according to Reuters, noting to HUG.
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Lindt & Sprungli Chocolate Store in Toronto, Ontario, Canada. (Creative Touch Imaging Ltd./Nurphoto / Getty Images)
While Lindt take steps to avoid Tatrove In America, chocolate prices are still expected to rise in 2025 due to standard high cocoa costs, HUG said in a separate Reuters report.
Although the three cocoa prices are three times over the past two years, and according to what Lindand wanders in its prices by 6.3 % in 2024, the annual sales are still 7.8 % last year, indicating that shoppers are not easily deterred from pride on chocolate.
Fox News Daniela Jenoviz and Reuters contributed to this report.
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