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Why the prices of Italian pasta could be set to surge
MSNBC· 2025-11-21 18:10
Trade Policy & Tariffs - The Trump administration removed 40% tariffs on some Brazilian products, including beef, coffee, cocoa, and fruit [1] - President Trump is threatening to impose 107% tariffs on imported pasta from Italy, accusing Italian pasta producers of dumping [6] - The Commerce Department initially launched its review in 2024 after complaints from American companies that own pasta brands Ronzone, Muellers, and Prince [7] - The US is Italy's second biggest export market for pasta [7] - Italian pasta producers deny the dumping allegations, stating their pasta is consistently priced higher in the US market [8] - Some argue the tariffs could be a way to get Italian companies to move their production to the US, but Italian producers say it's impossible in a reasonable time [8] Economic Impact & Market Concerns - The tariffs could cause the price of Italian pasta to surge, potentially leading to panic buying [7] - The move to impose tariffs on pasta is seen by some as more political than economic, signaling that no sector or country is safe [9] - There are concerns about the potential for the Supreme Court to overturn the president's authority to assign these tariffs, which could lead to refunds and a hit to US coffers [12] - The fundamental contradiction around the tariff policy is whether it's designed to help American industry or to raise revenue [18] - The administration is considering giving people a tariff refund, which raises questions about the efficiency and purpose of the whole process [19][20] Potential Future Actions - Italian pasta producers are hoping to negotiate with President Trump, similar to how tariffs on European wines were reduced [10] - A future Democratic administration might also consider keeping some of the tariffs in place as a source of revenue [16][17]
How a potential Trump tariff could impact YOUR pasta
MSNBC· 2025-11-14 02:31
Market Impact of Tariffs - US Commerce Department imposes an additional 87% tariff on 13 Italian pasta brands, resulting in a total tariff of 107% [1] - The increased tariffs could potentially double the price of affected Italian pasta products [1] - Restaurants and grocery stores may need to raise prices to offset the higher costs of importing Italian pasta [2][3] Consumer Sentiment - Consumers express sadness and concern about the potential price increase of pasta [4] - Some consumers indicate they would reduce their pasta consumption if prices double [4] - Vegetarian consumers feel particularly targeted by the price increase [5] Business Strategies - Amo Seafood emphasizes maintaining the quality of Italian products despite higher costs [2][3] - Businesses may absorb some of the cost increase, but ultimately, price increases are likely [3] - The government aims to level the playing field for American pasta companies [3]
Imported Italian pasta to be hit with 107% tariff as soon as January
MSNBC· 2025-11-13 22:35
So, how do you think the tariffs on the imported pasta are going to change things for your customers here. >> Well, obviously will come with an increase on pricing. Uh, especially for people like us that we don't like to compromise on the quality of the products.>> Are you concerned at all for your business. >> Of course. Of course.You know, time for restaurants is very difficult these days with all the cost increases from energy to rent to labor. Especially here in New York there is a lot of prediction for ...
Orkla to close Dragsbaek pasta factory in Denmark
Yahoo Finance· 2025-10-27 13:43
Group 1 - Orkla plans to close its pasta factory in Skovlund, Denmark, starting next year, which currently produces pasta for the Dragsbæk brand and employs around 20 people [1][2] - The production from the Skovlund site will be moved to external partners, and all other production in Orkla Denmark will continue unchanged [2][3] - Orkla's Indian unit is launching an initial public offering (IPO) after receiving regulatory clearance, and earlier this year, Orkla sold its 49% stake in Eace Gum, a functional chewing gum start-up [4]
Giant Eagle to spend $100M to sharpen pitch to shoppers
Yahoo Finance· 2025-09-26 11:23
Group 1 - Giant Eagle is implementing a new business strategy called "Because It Matters" to drive growth amid challenging economic conditions and rising grocery prices [3][4] - The strategy includes a seasonal pricing initiative aimed at reducing prices on frequently purchased items, with the company planning to invest "millions" in these price cuts [5][9] - A one-week sale has been launched, reducing prices for 1,000 products to $1, including items like pasta and baby food [6] Group 2 - The company is prioritizing hiring and training staff, including certified butchers and bakers, to enhance customer service through various training programs [7] - The strategy also emphasizes a wide selection of fresh produce, seafood, and prepared meals, with plans for daily deliveries to stores [8] - Giant Eagle plans to invest $100 million in price reductions, service improvements, and store revitalization during 2025 and 2026 to better meet customer needs [9]
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wale.moca 🐳· 2025-09-21 16:07
RT Ritika.base.eth (base/acc) (@Ritmir11)Just had the best pasta of my entire life wow ...
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wale.moca 🐳· 2025-09-21 16:05
This document is a single tweet expressing a personal opinion about pasta, and lacks the depth and breadth required for a comprehensive industry analysis, therefore, a detailed report with multiple sections is not possible Personal Experience - User @Loopifyyy had the best pasta of their entire life [1]
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wale.moca 🐳· 2025-09-06 09:15
Food Culture - The tweet discusses a class learning about pasta, described as "supposedly" Italian food [1] - The tweet implies a questioning or humorous perspective on the authenticity of pasta as Italian food [1]