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The US cut tariffs on more than 200 food products, including cocoa and coffee, which analysts say will reduce import costs for Hershey, Keurig Dr Pepper and Vita Coco. Piper Sandler estimates Hershey cocoa tariff burden at $50 million per quarter and says Vita Coco projected 2026 bill is now effectively erased.
short by / 10:11 am on 17 Nov
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