Calling the death of Del Monte foods a tariff casualty while attaching graphic evidence that Americans just dont want canned fruits and vegetables anymore is pretty stupid.
People are now more health conscious on average than American consumers have ever been. Most consumers are wise enough now to realize that if they want greenbeans or whatever its best to buy fresh beans and cook them. The canned alternative has so much salt in it that it might as well be a corned beef hash.
Like seriously, if you put as much table salt onto fresh cooked beans as comes in the average can you wouldnt even find them edible anymore. That is the death of Del Monte. Not tariffs. Tariffs were just the death knell of what consumer behavior already started decades ago. No one wants to eat 30% of their DV of sodium in a serving of beans
I believe the article was getting at Del Monte was already in trouble and had to restructure but the tariffs were a nail in the coffin so to speak. They went from having some hope to none.
Yes, but then the implications is that tariff is not the root cause, it just helped the real problems crush the business faster
Yea! I looked at this and was like “So they have been consistently trending down since 1970? Yep, totally on Trump.”
If they had been real libs, they woulda gone bankrupt closer to the election. Or something. I got nothing for this one tbh.
