Tariffs on cocoa-producing countries are adding to production costs for chocolate companies. For example, a 21% tariff on the Ivory Coast & a 15% tariff on Ecuador are in place. Hershey's has projected over $100 million in added costs from tariffs alone in the second half of 2025.
Tariffs on cocoa-producing countries are adding to production costs for chocolate companies. For example, a 21% tariff on the Ivory Coast & a 15% tariff on Ecuador are in place. Hershey's has projected over $100 million in added costs from tariffs alone in the second half of 2025.