Arab Canada News
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By م.زهير الشاعر
Published: February 12, 2025
The U.S. food market faces the prospect of rising prices, according to statements from Frans Muller, the CEO of Ahold Delhaize Group, which operates supermarket chains such as Food Lion and **Stop & Shop**.
Muller stated to Reuters on Wednesday that prices for food products, vegetables, and paper goods may rise due to the tariffs that the U.S. administration plans to impose on imported goods from Canada and Mexico.
He added that the group may resort to diversifying its supply sources, such as bringing in more products from the West Coast and states like Florida, if goods coming from Mexico become less competitive due to increased tariffs.
However, Muller believes that Ahold Delhaize will be less affected by these tariffs compared to others, given that most of the products provided by its chains in the U.S. are sourced locally.
It is noted that U.S. President Donald Trump announced on February 1 the imposition of a 25% tariff on most goods coming from Canada and Mexico, before deciding to suspend it for a month to continue negotiations on border protection plans.
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