Investing.com -- Supermarket conglomerate Ahold Delhaize is preparing for potential price increases in food, vegetables, and paper products due to U.S. tariffs on Mexico and Canada, according to the group CEO, Frans Muller, on Wednesday.
Ahold Delhaize, the parent company of U.S. supermarket chains such as Food Lion, Stop & Shop, and Hannaford, is contemplating sourcing more products from the West Coast and states like Florida, Muller told Reuters.
"As the vast majority of our product is domestically sourced, there is not a lot of danger coming from the tariffs for our company," he added.
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