Consumer food businesses ‘nowhere to absorb it’

Consumer food businesses ‘nowhere to absorb it’

As inflation continues to soar, consumer food businesses across the country are grappling with unprecedented cost increases and supply chain disruptions. In a growing number of industries, businesses are finding themselves “nowhere to absorb it,” unable to offset the rising prices of raw materials, labor, and logistics without passing them on to consumers. According to…

Germany lashes out at Trump’s levy on U.S. car imports

Germany lashes out at Trump’s levy on U.S. car imports

Germany Lashes Out at Trump’s Levy on U.S. Car Imports In a sharp escalation of transatlantic tensions, Germany has voiced strong opposition to U.S. President Donald Trump’s recent proposal to impose steep levies on American car imports. The move, which Trump has framed as a means to bolster domestic manufacturing and protect national security, has…