Kraft Heinz (KHC) has requested its coffee suppliers to provide a 60-day notice before increasing prices due to the Trump administration's tariffs, Reuters reported Friday, citing a company document.
The company has also asked suppliers to increase prices only if the tariffs are permanent, as well as to immediately rescind them once they are lifted, according to an April document seen by the news outlet.
Kraft Heinz also said in the document it hoped to work together with the suppliers to mitigate the impact of the tariffs, Reuters reported.
The company did not immediately reply to a request for comment from MT Newswires.
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