A chocolate company has a sweet plan to shield itself from the tariff war that broke out this week between the U.S. and Canada. Swiss chocolate maker Lindt and Sprungli said the supply of their confectionery to Canada is in the process of switching to all European sources of chocolate. Stores in Canada import about […]
Swiss chocolate maker Lindt & Sprungli plans to import European chocolate to Canada to avoid U.S. tariffs, switching from U.S. sources. Currently, half of Lindt's Canadian supply comes from the U.S., with the rest from Europe. The company aims to complete the switch by summer, despite higher transportation costs, as tariffs would be more expensive. Lindt also worries about potential consumer backlash due to "made in U.S." labeling.
