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Trump's tariffs on cocoa are raising costs for U.S. chocolate makers, hurting their competitiveness.
US President Donald Trump's tariffs on cocoa imports are hurting the US chocolate industry, making it less competitive compared to factories in Canada and Mexico.
Under the USMCA, chocolate from these countries enters the US tariff-free, while US manufacturers face 10-25% tariffs on cocoa imports, potentially rising to 35% soon.
This has led to increased costs for companies like Hershey, which estimates the tariffs could cost $100 million this year.
The price of cocoa has also surged, adding further financial strain.
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Los aranceles de Trump sobre el cacao están elevando los costos para los fabricantes de chocolate de Estados Unidos, perjudicando su competitividad.