Page 2 - David Chavern News Today

Ongoing high costs are leading food manufacturers and restaurants to keep prices elevated.

In 2022, consumers spent 11.3% of their disposable income on food, according to data from the Agriculture Department. That is the most since 1991.

The U.S. International Trade Commission (ITC) rejected a request for increased duties on imported steel.

WASHINGTON -- President Joe Biden on Sunday called on snack companies to stop shrinkflation, which is when businesses cut product sizes but keep prices the same, describing the practice as

Kraft Heinz, Kimberly-Clark, J&J Snack Foods, Lakeside Foods and Traditional Medicinals join trade org

Biden, who offered no solutions or policies to address the practice, did not name any specific companies but several brands were shown in the video, including Gatorade, Doritos, Breyers and Tostitos.

The U.S. International Trade Commission voted unanimously to reject a nakedly protectionist proposal that would have made canned goods more expensive.

The U.S. International Trade Commission voted unanimously to reject a nakedly protectionist proposal that would have made canned goods more expensive.

The U.S. International Trade Commission voted unanimously to reject a nakedly protectionist proposal that would have made canned goods more expensive.

The U.S. Department of Commerce has finalized antidumping tariffs for imported tin products used in seafood canning.