Zekelman Industries President and CEO Barry Zekelman broke the impact of a possible Canada, Mexico tariff on steel prices.
One of the largest meat producers in America Casting for your pork and chicken products is planning because the loom is loom on its business partners.
Tyson CEO Donny King told analysts on an earning call on Monday that the company, which supplies Canada and Mexico with a shipment of pork and some chicken parts, is “adjusting” for its operation ahead of the employed tariff , Which made effective in the weekend. But the present is stopped.
“In the context of Mexico, the product in which we are going there, the anxiety, and the contingent plan we are planning is Pork. We also have chicken – in fact, one of the parts of chicken, a couple, ” The king said. The company has a small amount of meat in the Canadian market.
Trump Tariff stopped: what do you know
On February 16, 2022, a sectroller was parked at a Tyson Foods Inc. plant in Union City, Tennessee. (Through Luke Shrar / Bloomberg / Getty Image)
chairman Donald Trump For 30 days, the plan to implement 25% tariff on both countries was stopped to give them time to secure the US boundaries and to interact on economic deals with a view to secure the US boundaries and curb the flow of drugs like Phantanel in the country. .
Canadian Prime Minister Justin Trudeau – who also stopped the plan to impose 25% per anti -counter tariff on US imports – said on X that Canada would implement a $ 1.3 billion boundary plan and appoint a Phantanel Caesar. Mexican President Claudia Shinbam agreed to supply 10,000 soldiers on the border that separates the US and Mexico.
Tyson Foods frozen chicken products in a safe store in Washington, DC on August 8, 2023 (Anna Moneymaker / Getty Image)
The CEO of TJ MaxX says that the company may benefit from Trump’s proposed tariff
“Essentially, what we will do, whether it is pork or whether it will be chicken, will we find other markets,” the king said.
The CEO of Tyson said that the company is already preparing for it and making adjustments.
| Langer | Security | Last | Change | Change % |
|---|---|---|---|---|
| Tight thunderstorm | Tyson Foods Inc. | 57.74 | +1.25 |
+2.21% |
“We feel that under our guidance we are risky in the implications of all of them,” the king said.
