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How Trump tariffs could threaten Tyson Foods

One of the largest meat producers in the United States is to plan pork and chicken tension.

Tyson's CEO Donnie King, a company that supplies Canada and Mexico of pork and specific chicken parts, has “coordinated” the “coordination” prior to the valid tariffs on the weekend. I told the analyst in the call. However, it is currently pause.

“From the perspective of Mexico, the products we go there, concerns, and what we planned in an emergency are pork. There are also chicken. The company has few meats in the Canadian market.

Trump's tariff was pause: what do you know?

A semi -trailer parked on February 16, 2022 at a Tyson Foods Ink Plant in Union City, Tennessee. (Luke Shurlett /Bloomberg /Getty Image)

President Donald Trump will negotiate economic trading aimed at the government to suspend the plan to introduce 25 % tariffs for 30 days, secure US borders, and reduce the flow of drugs like Fentanil to the country. I gave time.

Canadian Prime Minister Canada also paused to impose a 25 % retaliation fee for importing the United States, and said that Canada would implement a $ 1.3 billion border plan and appoint Emperor Fentanil. Mexico's President Claudia Shainbaum agreed to supply 10,000 units on borders separating the United States and Mexico.

Tyson products in the store

August 8, 2023, Tyson Foods Frozen Chicken Products on Washington DC's Safe Water Store (Anna money maker /Getty image)

TJ MAXX's CEO says that the company can benefit from Trump's proposed tariffs.

“In essence, whether pork or chicken, we will find other markets,” King said.

Tyson's CEO stated that the company is already preparing and coordinating.

Ticker safety last change change %
Tsn Tyson Foods Ink 57.74 +1.25

+2.21 %

“I think we are adjusting all of those meanings in our guidance in our guidance,” King said.

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