Sysco CEO on tariffs' impact on the food industry
CNBC Televisionยท2025-07-29 20:30
This is an incredibly important question. So, let me just lean in with the facts tied to tariffs. The good news in the food space, if there is any good news on tariffs, is the following.95% of food in every country we compete in is bought within that country. Food is an inherently a local commodity. So 95% purchased within country, which greatly decreases that tariff headwind on our business.For those products that are in fact purchased outside, let's focus on the US business right now. The vast majority of ...